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Showing 271 - 280 of 6085 results for "trading"

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
... be processed today. The ASX has since announced that clearing and settlements will process as "normal" at the open of trading this morning. The issue occurred at around noon on Friday. The ASX failed to identify the issue until Sunday afternoon and confirmed ...

HPI rethinks Hostplus, Charter Hall takeover

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... share will reduce to $3.752 after the 31 December 2024 record date for an interim distribution. HPI shares closed the trading day on Friday at $3.78.

Court sentences Ponzi scheme promoter

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... 215 investors. He made a whopping $3.9 million in commissions. Courtenay House promised stellar returns to investors by trading in foreign exchange and futures commodities when it was not licensed to do so. While the court found that Sipina was not aware ...

Court finds CFD issuers engaged in 'unconscionable conduct'

ELIZA BAVIN  |  MONDAY, 23 DEC 2024
... Union Standard International Group (USG) and two of its former corporate authorised representatives, BrightAU Capital (trading as TradeFred) and Maxi EFX Global AU (trading as EuropeFX), engaged in systemic unconscionable conduct as well as a raft of ...

Grant Hackett named chief executive of Generation Development Group

ANDREW MCKEAN  |  FRIDAY, 20 DEC 2024
... 12-24 months. Coombe, the former chief executive of BT Financial Group, and current chair of Colonial First State, and trading firm Tibra Capital, has worked closely with Hacket for the past seven years.

ASIC sues Binance over customer protection failures

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... misclassified as wholesale clients, representing 83% of its Australian client base. The regulator said retail clients trading financial products - in this case, crypto derivative products - have important rights and consumer protections under Australian ...

Betashares terminates nine funds

ANDREW MCKEAN  |  MONDAY, 16 DEC 2024
... which will close on 17 January 2025, will have two options: they can either sell their units on the ASX before the final trading day or hold their units, participate in the wind-up, and receive a final distribution payment along with a proportionate ...

TPG co-founder David Bonderman dies

JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2024
... securities and corporate law at a private firm, during which time he successfully defended one of the most important insider trading cases in US history. It was while working at that law firm that Bonderman met businessman Robert Bass, who would hire ...

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... million without considering if the product was appropriate for them. Notably, the customers "Bit Trade targeted" incurred trading losses of over US$5 million. "This is a significant outcome. It's ASIC's first penalty against an entity for failing ...

FX expert jumps from Insight to HSBC

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... 15 years at Principal Global Investors as head of passive currency and chief dealer and as head of payments and FX at trading platform AXIchain. He was also manager of treasury sales for Sumitomo Mitsui Banking Corporation in Australia and a money market ...