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Showing 11 - 20 of 30 results for "Openmarkets"

Leadership shuffle, redundancies at OpenMarkets

ELIZABETH MCARTHUR  |  FRIDAY, 11 MAR 2022
Trading platform OpenMarkets has a new chief executive and has made 21 employees redundant, as rumours swirl that it will shortly be acquired. A spokesperson for the company confirmed that it had made 21 redundancies since the beginning of the year ...

New trading platform to enter Australia

ELIZABETH MCARTHUR  |  TUESDAY, 21 DEC 2021
... investors worldwide" and tools so that investors can share insights with one another. With Superhero, Stake, SelfWealth, OpenMarkets and more flooding the Australian market with low-cost trading options, Moomoo will have stiff competition. CommSec, the ...

Baby Boomers cashing in on meme stocks

ELIZABETH MCARTHUR  |  FRIDAY, 24 SEP 2021
According to analysis from Openmarkets Group, on average Baby Boomers and Generation X are making money on meme stocks, while Millennials are losing money. The analysis covered 11 "meme stocks" (stocks whose share prices skyrocketed due to social media ...

Investors lose in viral stock picks

ELIZABETH MCARTHUR  |  THURSDAY, 5 AUG 2021
... stock picks which became popular on Facebook, Reddit and Twitter were almost guaranteed to see investors lose money. OpenMarkets Group (OMG) looked at trending stocks across Facebook, Reddit and Twitter - particularly those that users suggested were ...

OpenMarkets hires, acquires, preps for IPO

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
OpenMarkets has made a series of senior appointments as it prepares for an initial public offering. Naseema Sparks has been appointed chair, Andrew Rutherford and Paul Rayson are new non-executive directors and Bob Alexander is now executive director ...

OpenMarkets raises $10m, moves up ranks

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAR 2021
OpenMarkets is set to list later this year, having secured $10 million in a pre-IPO fund raise as it overtook CMC Markets as second-largest retail broker in Australia. Now trailing only CommSec, OpenMarkets says feedback from investors in the oversubscribed ...

New trading platform to launch

KARREN VERGARA  |  TUESDAY, 2 FEB 2021
... transaction for up to $17,500 and charges 0.055% for any transactions over this amount. The platform integrates with OpenMarkets.

Trading platform partners with Sharesight

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... and settle via individual HIN and individual Macquarie Bank cash management accounts. Marketech Focus is backed by OpenMarkets, which provides the share-trading functionality. Managing director Travis Clark said active traders looking for something more ...

Boutique builds out executive team

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
... chief brand officer. She came from senior roles at Judo Bank and NAB. Lee Redpath, the former operations chief at OpenMarkets Australia and partner at Crestone, joined Sayers in October to head the operational functions. Roger McIntosh, who was the former ...

Superhero sets eyes on managed accounts

ALLY SELBY  |  WEDNESDAY, 7 OCT 2020
... system, its 25 years old, so I think our competitors use it because it's very easy; you just plug your website into OpenMarkets for example and away you go," Winters said. "There's not a lot of tech; there's not a lot of IP development there." ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI
Global X has now launched the space tech ETF (ASX: MOON).

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