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Showing 11 - 20 of 1758 results for "Broker"

SIX launches share platform

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
... be more cost competitive than the big banks are," Verwey said. "Our users are likely going to be coming from a big bank broker or they're going to be trading for the first time. It's also really important to note that people that trade on SIX ...

Online investor participation declines

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
Active online investor numbers have continued to decline, albeit at a slower rate, according to an Investment Trends report. The report, which surveyed more than 15,000 retail investors and traders in Australia, revealed a contraction to 1.22 million ...

iExtend finds interim arrangement to operate

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
After being rebuked by ASIC for operating without an AFS Licence, iExtend is now running under a Corporate Authorised Representative (CAR) arrangement for the interim. A CAR enables iExtend to act as an agent of an AFS Licensee, meaning it is authorised ...

WAM Leaders to make bid for QV Equities

CHLOE WALKER  |  WEDNESDAY, 31 JAN 2024
... with approximately 30,000 shareholders. It added: "It will also increase WAM Leaders' relevance in the market by improving broker and research coverage, increasing interest from financial planners and gaining additional access to market opportunities..." ...

IFM offloads stake in payment software business to Autodesk

ANDREW MCKEAN  |  TUESDAY, 30 JAN 2024
... second Growth fund and comes on the heels of the disposal of NDIS plan management company My Plan Manager to insurance broker Arthur J. Gallagher, as well as recent investments in software firm Tally Group, and Smart Urban Properties Australia. "This ...

Aware Super appoints head of public market equities

ANDREW MCKEAN  |  THURSDAY, 25 JAN 2024
Aware Super has appointed former Vanguard and BlackRock portfolio manager Agnes Hong as its new head of public market equities. Hong, who is relocating from Philadelphia to Sydney, will oversee the development of Aware Super's $90 billion public ...

J.P. Morgan pays US$18m over whistleblower rule breaches

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2024
The investment giant was in hot water for blocking hundreds of retail clients from reporting potential securities law violations by having them sign confidential release agreements when receiving credits or settlements more than US$1000 ($1518). The ...

HUB24 sets sights on $100bn FUA

KARREN VERGARA  |  TUESDAY, 16 JAN 2024
HUB24 is confident that it is on track to reach a $100 billion funds under administration milestone in 2025. In a quarterly update released this morning, the investments platform announced it hit $91.2 billion at the end of December 2023, up 25% year ...

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 ...

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
Bitcoin exchange-traded funds (ETFs) have been approved by the Securities and Exchange Commission (SEC), a landmark moment for the legitimisation of the world's largest cryptocurrency. The SEC approved 11 Bitcoin ETF application from major institutional ...