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Showing 361 - 370 of 6086 results for "trading"

Ascot Securities hit with infringement notice for 'serious failures'

ANDREW MCKEAN  |  THURSDAY, 20 JUN 2024
... client's orders onto the ASX that it should've suspected were manipulative and failing to report the client's suspicious trading activities to ASIC. "ASIC takes seriously the requirements for market participants to identify, prevent and report suspicious ...

Lazard enters local ETF industry with infra offering

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUN 2024
... Asset Management is now offering ETFs in Australia, kicking off with a global listed infrastructure active ETF. Commencing trading on Cboe today, the Lazard Global Listed Infrastructure Active ETF (GIFL) is a unit class of the $2 billion Lazard Global ...

ASIC cancels AFSL of XTrade

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... vulnerable clients were encouraged to trade in CFDs in circumstances where they could not afford to do so or had limited trading experience resulting in significant losses to some consumers. ASIC's investigation found that between June 2018 and September ...

Block Earner dodges massive fine

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
The Federal Court has absolved Block Earner from paying a penalty for trading without a financial services licence, which ASIC believes should have been $350,000. While Judge Jackman determined that while Block Earner, which invested in cryptocurrency ...

Monochrome launches Bitcoin ETF amid first-mover dispute

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... launched an Australian Bitcoin exchange-traded fund (ETF). The ETF, which holds Bitcoin directly, is now available for trading on the Cboe Australia exchange. The Monochrome Bitcoin ETF's (CBOE: IBTC) holdings are stored offline in a secure device. Monochrome ...

ANZ dumps remaining stake in AmBank

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
... "simplify the bank." ANZ sold its 5.2% shareholding in AmBank for MYR4.10 (A$1.31) per share. The Malaysian bank is currently trading at MYR4.22 (A$1.35) per share. ANZ chief financial officer Farhan Faruqui said the sale was a "significant milestone" ...

ASIC tells super funds to 'step it up'

ELIZA BAVIN  |  FRIDAY, 31 MAY 2024
... are falling short on consistently meeting the fair expectations of their members." In addition, Constant said insider trading was a major problem in Australia and the regulator is determined to crack down. "Now, misconduct damaging market integrity ...

Former director sentenced to seven years in prison

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
The former director of DanFX, an unlicensed foreign exchange trading business, has been sentenced to seven years and three months imprisonment for fraud. Daniel Farook Ali was sentenced in the Brisbane District Court after an investigation by the Australian ...

abrdn global chief executive steps down

KARREN VERGARA  |  MONDAY, 27 MAY 2024
... Exchange, abrdn traded at GBP158.55 as at May 24. The share price has effectively been slashed by more than 50% since trading at GBP335.30 in early 2020.

ASIC places stop orders on Trademax Australia

JAMIE WILLIAMSON  |  FRIDAY, 24 MAY 2024
... able to attempt multiple times to determine they were in the target market. The business is prevented from opening new trading accounts or dealing in contracts for difference and margin foreign exchange contracts on behalf of retail investors. ASIC said ...