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Showing 2601 - 2610 of 6099 results for "trading"

UBS fined $30,000 for decimal point mistake

MARK SMITH  |  FRIDAY, 19 JUL 2013
... to sell 1,800 units in the Australian dollar hedged BetaShares Gold Bullion ETF on the ASX. Though the ETF had closed trading the previous day at $15.75, the MDP found that a misplaced decimal point had led to UBS submitting two transactions at a price ...

Former Deutsche exec launches investment firm

JAMES FERNYHOUGH  |  THURSDAY, 18 JUL 2013
The former head of equity derivatives and trading at Deutsche Bank Sydney, Peter Kennedy, has launched a new investment firm, Kennedy Investments. Kennedy Investment is based on a "cyclical" approach to investing, and will be open to individual investors ...

Perth mortgage broker permanently banned

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
... $256,000. Eric Ying Ching Chu was formerly employed by Mortgage Specialists as a trustee for the Janet Smith Family Trust trading as Specialist Mortgage. ASIC banned Chu on the basis that he was not a fit and proper person to engage in credit activities ...

Japanese broker enters Australian market

JAMES FERNYHOUGH  |  WEDNESDAY, 17 JUL 2013
... Securities and Investments Commission (ASIC). Under chief executive Brendan Gunn, Invast Australia will offer various trading platforms and a range of products including FX, indices, commodities and direct shares. It also plans to launch a new product ...

Market Wrap

AAP  |  WEDNESDAY, 17 JUL 2013
... $56.32. And, Fortescue Metals was also higher, up 8.5 cents, at $3.58. Also making news, surfwear retailer Billabong resumed trading after announcing its chief Launa Inman would step down as part of a deal it had reached with private US equity group ...

Market Wrap

AAP  |  TUESDAY, 16 JUL 2013
... spectacular. "There's nothing really standing out at the moment," he said. "I think it will be a fairly steady day of trading." The market will be eagerly awaiting the release of the Reserve Bank of Australia July board meeting minutes, at 1130 AEST. ...

Brokers tip stocks ahead of public announcement

MARK SMITH  |  TUESDAY, 16 JUL 2013
Some brokers may be 'tipping' off privileged clients, after market data has revealed abnormal trading volumes prior to public release of analyst recommendations on associated stocks, according to a study by independent academic researcher Capital Markets ...

Limbo of uncertainty

BENJAMIN ONG  |  TUESDAY, 16 JUL 2013
... bang thank you ma'am economic growth of 7.5% in the June quarter suggests that Australia can still count on its biggest trading partner for some lift, albeit smaller. How much higher domestic equities go would be contingent the success of the RBA's monetary ...

Market Wrap

AAP  |  FRIDAY, 12 JUL 2013
... Newcrest had gained 49 cents, or 4.41 per cent, to $11.59. Only two of the big four banks performed well on the final trading day. Westpac shares had lifted 13 cents to $29.62, NAB had gained one cent to $29.99. ANZ was 4.5 cents lower at $28.93 and ...

SMSFs urged to consider transparent alternatives to managed funds

JAMES FERNYHOUGH  |  WEDNESDAY, 10 JUL 2013
... the provider, while keeping beneficial ownership of the underlying investments. "Say an online broker can facilitate US trading, investors still have to place their own trades and negotiate the foreign exchange complexities of trading in the $A, or open ...