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Showing 1 - 10 of 43 results for %22Saxo Capital Markets Australia%22

Saxo lowers trading costs

KARREN VERGARA  |  MONDAY, 15 JAN 2024
Trading platform Saxo has overhauled its fee structure so investors can trade for as little as $3. From January 15, investors on Saxo's platform buying and selling Australian equities pay a minimum $3. Competitors such as Stake charges the same ...

IG appoints institutional sales manager

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... white labels, advisory brokers, and funds in the region. Before that, Wood spent seven years at Saxo Capital Markets Australia, following his role in Autobahn FX Trade Support at the UK offices of Deutsche Bank, where he moved after starting his career ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... addition to Binance, Capital Com Australia, CMC Markets Asia Pacific, Eightcap, IG Australia, Pepperstone Group, Saxo Capital Markets, and City Index were forced to pay remediation. Of the amount paid, $13.1 million went to 523 clients of Oztures Trading ...

Piper Alderman investigates second CFD class action

CHLOE WALKER  |  WEDNESDAY, 25 OCT 2023
... operating in Australia, with penalties in excess of $75 million. In May the regulator issued stop orders against Saxo Capital Markets which were then revoked after it made changes to its target market determinations in relation to CFDs. Piper Alderman ...

ASIC cracks down on CFDs, OTC derivatives

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... products," she said. eToro is preparing to defend its practices as ASIC alleges it breached its DDOs. In August, Saxo Capital Markets was forced to amend its TMDs after the regulator raised concerns.

Saxo APAC asset management lead exits

KARREN VERGARA  |  MONDAY, 4 SEP 2023
... senior vice president of growth strategy at Capital Position Venture based in New York. In May, ASIC issued Saxo Capital Markets stop orders as it was concerned its target market determinations were deficient, preventing from issuing new contracts for ...

eToro sued by ASIC

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... consumers from high-risk CFD trading, not suited to their financial circumstances, including stop orders against Saxo Capital Markets and MitradeGlobal.

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... their issuers have faced significant regulatory scrutiny of late. Just last week, ASIC issued stop orders to Saxo Capital Markets which were then revoked after it made changes to its target market determinations in relation to CFDs. Meanwhile, as previously ...

Saxo launches managed portfolios

KARREN VERGARA  |  TUESDAY, 28 MAR 2023
Saxo Australia today launched a suite of managed portfolios targeting self-directed investors and self-managed super funds. SaxoSelect offers seven managed portfolios with actively managed and index-based strategies. Three offerings are managed by BlackRock ...

Saxo cuts trading costs

KARREN VERGARA  |  TUESDAY, 17 AUG 2021
... Australia's trading client base increased by 56% in 2020 and our new client base increased by 114%," Saxo Capital Markets Australia chief executive Adam Smith said. "We've also seen a spike in investors looking to trade international stocks, given that ...
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