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Showing 21 - 30 of 267 results for "Trading platform"

Bell Financial takes lead on SelfWealth takeover

KARREN VERGARA  |  MONDAY, 25 NOV 2024
SelfWealth is forging ahead with Bell Financial Group's (BFG) takeover of the trading platform as the latter raises its bid price to edge out its competitor. The two parties entered a scheme implementation deed in which BFG raised its bid price to 25 ...

Second bidder enters SelfWealth takeover talks

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
The proposed takeover of SelfWealth heats up as AxiCorp Financial Services attempts to ensnare the trading platform from Bell Financial Group (BFG). AxiCorp has lobbed a bid of 23 cents per SelfWealth share, one cent more than what BFG proposed on Wednesday. ...

Bell Financial Group bids $51m for SelfWealth

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... both parties find "compelling." BFG said in offering 22 cents for each SelfWealth security, shareholders of the trading platform "will benefit through increased scale in BFG's online broking business and cost synergies." The offer price represents ...

ASIC, RBA handed new financial market infrastructure powers

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
ASIC and the Reserve Bank of Australia (RBA) have been given new powers under new financial market infrastructure laws to enhance their licensing, supervisory, and enforcement abilities. The Treasury Laws Amendment (Financial Market Infrastructure and ...

Director pleads guilty to 'dishonestly' obtaining near $1m

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
... McCabe's victims believed they had foreign exchange trading accounts with access to "capital" funds to trade on a trading platform provided by a third party. Instead, only "test" accounts were provided, which were not capable of placing real foreign ...

Future Group joins campaign to ban gambling ads

MICHELLE BALTAZAR  |  WEDNESDAY, 14 AUG 2024
... of super funds including Guild Super and Verve, are supporting the campaign, which is spearheaded by fintech trading platform, SIX. SIX has teamed up with not-for-profit group Alliance for Gambling Reform (AGR) to put pressure on Seven West and Nine ...

Lanyon to launch ETMF on ASX

ELIZA BAVIN  |  FRIDAY, 26 JUL 2024
Lanyon has announced the Lanyon Investment Fund will commence trading as an exchange-traded managed fund (ETMF) on the ASX on August 1. Lanyon said the listing is a significant milestone for the fund, with the decision to pursue the ASX quotation following ...

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
ASIC has banned two former directors and responsible managers of XTrade, a trading platform that offers clients opportunities to trade in contracts for difference (CFDs) and foreign exchange contracts. The directors, Shay Zakhaim and Anthony Anderson ...

Young, bullish online investors drive trading: Survey

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2024
Online investors are getting younger and bet heavily on global stocks, helping fuel the share market to record highs, according to a new survey. The latest Investment Trends Online Investing Report finds that Zoomers (18- to 24-year-olds) and Millennials ...

GigSuper goes into liquidation

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... trustee, while GROW Inc was the superannuation administrator. Peter Stanhope and Martin Batur, who worked at trading platform IG Australia, co-founded GigSuper. "Research shows that up to 75% of self-employed are presently not contributing to super. ...