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Showing 21 - 30 of 82 results for "OTC"

Foreign exchange broker banned

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... disregarded key licensee obligations, resulting in misleading and deceptive conduct. "The size of the Australian market for OTC retail derivatives has grown considerably over recent years," ASIC said. "With that growth, there has been a dramatic increase ...

Family office backs fixed income fintech

KANIKA SOOD  |  TUESDAY, 9 JUN 2020
... company KP4 Pty Ltd. Liquidity Cube co-founder and chief operating officer Simon Burges said: "The notional value of the global OTC market is heading towards US $1,000 trillion and participants are demanding greater transparency and more alternatives ...

Investment manager criminally charged

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
... derivative sales, prime services and clearing, and provided a range of financial products including ASX24 futures and options and OTC ('over the counter') derivatives. SGSA's clients are wholesale clients, including financial institutions, hedge funds ...

Court punishes OTC derivative issuers

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
Three over-the-counter derivatives providers have been found guilty of contravening their AFSL licences by using account managers to pressure retail investors into purchasing products which lost investors more than $30 million. The Federal Court has ...

ASIC appoints receiver for derivatives issuer

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
ASIC has cancelled the AFSL of an OTC derivatives issuer and helped appoint a receiver to the firm and its related companies. ASIC has successfully applied to the Federal Court to appoint receivers to Berndale Capital Securities, Berndale Capital Securities ...

ASIC dismisses Royal Commission insider trading reports

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
... date in question. ASIC said: "ASIC reviewed trading in the ordinary shares of banking sector, listed derivatives, unlisted (OTC) derivatives and short selling activity." "The trading review did not reveal evidence or indications of information leakage ...

J.P. Morgan expands derivatives clearing

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
J.P. Morgan has become the first over the counter (OTC) clearing participant to launch an agency clearing service through the ASX for AUD and NZD denominated derivatives. The clearing broker's Australian-domiciled clients will now be able to keep all ...

ASIC unveils RG97 review

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
... in the fund and interposed vehicles in each of the previous five years. Disclosure of interposed vehicle definitions; how OTC derivatives are treated; and tax implications are items that need to be taken into account, the stakeholders said. One of the ...

BBSW methodology restores trust

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
... successful parallel run of the new methodology against the existing method. ASX executive general manager derivatives and OTC markets Helen Lofthouse said: "Users of the benchmark now have an even more robust and reliable benchmark, calculated where ...

JBWere senior analyst joins Perennial

ALEX BURKE  |  THURSDAY, 15 MAR 2018
A senior analyst at JBWere is taking on a new role at Perennial after eight years. Hugo Brettingham-Moore joins Perennial as an investment specialist on the retail distribution team in Melbourne. He originally joined JBWere in 2010 as an analyst, having ...