Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 371 - 380 of 6533 results for "Exchange"

Massive crypto Ponzi scheme unravels

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
A US court and the Securities and Exchange Commission (SEC) have slapped charges on three individuals that include an Australian citizen for allegedly perpetrating a fraudulent cryptocurrency scheme known as HyperFund, raising $2.6 billion (US$1.7bn). ...

VanEck to unveil private credit ETF

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2024
VanEck is scheduled to launch a new exchange-traded fund (ETF) that invests in private credit companies. The VanEck Global Listed Private Credit (AUD Hedged) ETF will start trading as LEND on the ASX on February 2. LEND will track the LPX Listed Private ...

Emerging markets well placed for 2024

CHLOE WALKER  |  FRIDAY, 19 JAN 2024
... altogether, and real estates are normalising, while emerging markets are benefiting from lower core inflation, growing foreign exchange reserves, trade surpluses, and prudent fiscal policies," it said. Elsewhere, Principal Asset Management chief executive ...

Spheria mulls converting emerging companies LIC

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
Spheria Emerging Companies (SEC) has floated a conditional proposal allowing shareholders to exchange their shares for units in the Spheria Australian Smaller Companies Fund. This follows SEC consistently trading below its net tangible asset (NTA) per ...

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

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2024
... sign confidential release agreements when receiving credits or settlements more than US$1000 ($1518). The Securities and Exchange Commission (SEC) found J.P. Morgan Securities regularly asked advisory and brokerage clients to sign confidential release ...

Aussie ETF industry hits $177.5bn

CHLOE WALKER  |  TUESDAY, 16 JAN 2024
... (FUM). However, Israelstam said most of these assets come from existing FUM that has been 'converted' to the exchange via the 'open class' structure, with only $9.5 billion currently held on CHESS. "We expect continued growth of this ...

Bitcoin ETFs reach US$4.6bn in trading volume on launch day

ANDREW MCKEAN  |  FRIDAY, 12 JAN 2024
... spot bitcoin ETFs recorded a total trading volume of over US$4.6 billion, after being approved by the Securities and Exchange Commission (SEC). Following approval to convert its US$28 billion primary bitcoin trust into a spot ETF, Grayscale Bitcoin Trust ...

ASX selected to develop local carbon exchange

RACHEL ALEMBAKIS  |  FRIDAY, 12 JAN 2024
... The Clean Energy Regulator has selected ASX as a partner to undertake "exploratory work" on the development of a carbon exchange to launch later this year. The carbon exchange is intended to allow for the trading, clearing and settlement of Australian ...

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 ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... compulsory nature of super," he said. "This way, Canberra's Frankenstein (the super funds) couldn't eat up the whole exchange and use it for political or semipolitical purposes." Bragg's plan also includes an anti-collusion clause to prevent ...