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Showing 21 - 30 of 89 results for "CFDs"

CFD trading declines: Survey

KARREN VERGARA  |  TUESDAY, 25 JAN 2022
... difference sector has forced investors to retreat from the risky trading strategies. The number of investors transacting in CFDs and foreign exchange in the 12 months to November 2021 declined 15%, Investment Trends' latest Australia Leverage Trading ...

eToro expands crypto offering

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
... (TRX) investments, through eToro's dedicated staking service. Assets staked on behalf of users are real cryptoassets (not CFDs) and the underlying asset remains the property of the eToro user, eToro said. Coin transfer from the eToro platform to the ...

Pinnacle backs investment platform

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
... trading apps, with extensive advertising about trading being fun and easy - is not healthy and won't last." "Trading shares, CFDs or crypto is not the same as investing, and the data shows most amateur traders lose in the long run. The OpenInvest team ...

ASIC looks to extend CFD intervention

ELIZABETH MCARTHUR  |  TUESDAY, 19 OCT 2021
The regulator is seeking support from government to extent its product intervention powers on contracts for difference (CFDs) until they are revoked or sunset in 2031. The product intervention order will expire on 23 May 2022 unless it is extended with ...

Foreign exchange brokers banned

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... would not benefit from clients depositing funds. Furthermore, Hoang was found to have provided personal financial advice on CFDs and FX Contracts while not understanding the nature of the products.

Trading platform slapped with licence conditions

KARREN VERGARA  |  MONDAY, 15 MAR 2021
... under AxiForex, AxiPrime and AxiTrader and operates a business offering margin foreign exchange and contracts for difference (CFDs) to retail and wholesale clients. The Sydney-based team is headed by chief executive Rajesh Yohannan and chief commercial ...

ASIC to curb huge CFD losses

KARREN VERGARA  |  FRIDAY, 23 OCT 2020
... is stepping in to prevent retail investors losing millions of dollars from trading highly risky contract for difference (CFDs) instruments. ASIC has imposed a product intervention order on the issue and distribution of CFDs effective 29 March 2021 for ...

Watchdog warns of celebrity-endorsed bitcoin scams

ALLY SELBY  |  THURSDAY, 30 JUL 2020
... such as ABC News." The fake trading website will also typically reference margin FX trading or contracts for difference (CFDs), ASIC said. The investor will then be asked to deposit funds into an account, via a crypto wallet or their bank account. "In ...

Foreign exchange broker banned

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... related laws. Steven Marsh, a former employee of Forex Capital Trading, engaged with clients to trade contracts for difference (CFDs) and margin foreign exchange contracts (FX contracts) from February 2018 to March 2019. During this period, ASIC found ...

CMC Markets introduces derivatives platform

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
CMC Markets has launched a new derivatives platform to provide access to thousands of single stock CFDs in Australia, the US, Europe and Asia. CMC said the platform has been developed to allow seamless integration with existing systems, including an ...