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Showing 2931 - 2940 of 6696 results for "Securities"

Study shows dark pools benefit markets at low volumes

MARK SMITH  |  WEDNESDAY, 14 AUG 2013
... volatility and increased depth and traded volume. The research coincides with a recent announcement from the Australian Securities and Investments Commission (ASIC) that dark pools and high frequency traders would be subject to more stringent market ...

Unclaimed life insurance up by $28 million

LAURA MILLAN  |  WEDNESDAY, 14 AUG 2013
... life insurance has increased by $28 million during the last year, according to the latest report by the Australian Securities and Investments Commission (ASIC). The figure for unclaimed life insurance on July 1, 2013, was approximately $80.1 million ...

ASIC brandishes whip on dark liquidity and HFT

JAMES FERNYHOUGH  |  TUESDAY, 13 AUG 2013
Dark liquidity and high frequency trading (HFT) will be subject to new regulation after the Australian Securities and Investments Commission (ASIC) announced its new market integrity rules. ASIC Commissioner Cathie Armour said the new rules will improve ...

Fairfax to sell InvestSMART to listed fund manager

ALICE URIBE  |  TUESDAY, 13 AUG 2013
... portal InvestSMART from Fairfax Media (Fairfax) for a cash consideration of $7 million. A statement on the Australian Securities Exchange (ASX) said that the transaction was dependent on a capital raising by AWK. If the transaction is not completed AWK ...

Court ruling on Storm, "a blow" to consumer action

LAURA MILLAN  |  TUESDAY, 13 AUG 2013
The Federal Court's decision to approve the appeal by the Australian Securities and Investments Commission (ASIC) on the settlement between Macquarie Bank and the victims of Storm Financial is "a serious blow to direct consumer action," the litigator ...

LM liquidators get boot over conflict of interest

JAMES FERNYHOUGH  |  MONDAY, 12 AUG 2013
... LM-appointed liquidators, John Park and Ginette Muller of FTI Consulting, had previously resisted attempts by the Australian Securities and Investments Commission (ASIC) to remove them from responsibility for FMIF. ASIC said it was concerned that Park ...

Macquarie and Storm victims settlement "wrong": Court

LAURA MILLAN  |  MONDAY, 12 AUG 2013
... Bank and the victims of the Storm Financial fraud. The Court approved the request for appeal made by the Australian Securities and Investments Commission (ASIC) after Macquarie agreed to pay $82.5 million to 1,050 Storm clients who took out margin loans ...

Victims push for new Trio fraud inquiry

LAURA MILLAN  |  FRIDAY, 9 AUG 2013
... after it tried to meet Treasurer Chris Bowen and received no response. The VOFF have recently met with the Australian Securities and Investments Commission (ASIC). The regulator told the victims that before the Trio Fraud was unveiled it had made over ...

Former Royal Bank of Canada employee jailed for insider trading

ALICE URIBE  |  FRIDAY, 9 AUG 2013

Law firm acquires wealth management business

MARK SMITH  |  THURSDAY, 8 AUG 2013
... will also acquire Melbourne-based boutique asset management firm Pentad. According to a statement on the Australian Securities Exchange (ASX), ILH's management believes CIPL and Pentad have strong growth prospects. "CIPL will have annual revenues of ...