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Showing 21 - 30 of 6194 results for %22Exchange%22

Former Blockchain Global director confined to Australia

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
... Blockchain Global directors, Samuel Xue Lee and Zijang (Ryan) Xu, for their involvement in the failure of a cryptocurrency exchange. Blockchain Global launched the ACX Exchange in 2017 for cryptocurrency trading and storage, but by December 2019, it ...

VanEck establishes foothold in Brisbane

ANDREW MCKEAN  |  TUESDAY, 27 FEB 2024
VanEck will have a team dedicated to the Queensland market from next month, responding to growing demand for its exchange-traded funds (ETFs) among financial advisers in the state. The investment manager also bolstered its Australian team with new investment ...

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... also commended Magellan for being an innovator of new products, highlighting its launch of Australia's first active exchange-traded fund in 2016 and the rollout of the cost-effective MFG Core series. However, not every endeavour was met with success ...

VanEck failed to disclose influencer's role in ETF launch: SEC

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2024
VanEck will pay US$1.75 million ($2.7m) to settle a case brought by the Securities and Exchange Commission, which alleged the investment manager failed to disclose the involvement of an influencer in the launch of an ETF in 2021. In the US, VanEck Associates ...

ASIC files lawsuit against unlicensed director, companies

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
The corporate regulator filed a lawsuit against a Queensland man who allegedly deceived people he knew into handing over $100 million to invest in companies he owned without a financial services licence. ASIC commenced proceedings in the Federal Court ...

MDA authorisations remain steady amid exodus

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... number of advisers who can advise on securities has declined 14.9% over three years. Meanwhile, derivatives and foreign exchange contracts have seen the largest percentage declines in adviser authorisations over three years. Authorisations for derivatives ...

AI poses potential challenge to financial stability: Gensler

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... intelligence could threaten financial stability, forcing novel macro-prudential strategies, according to US Securities and Exchange Commission (SEC) chair Gary Gensler. In a speech at Yale Law School, Gensler described AI as having "tremendous opportunities ...

Indexed strategies to hit $1tn in two years

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... indexing the default investment style, adding pressure on the business models of active managers." The research shows that exchange-traded funds (ETF) comprise 4% of the whole investment market - though it is 18% of the total indexed FUM. "It's clear ...

Former director pleads guilty to hedge fund con

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... fund, for a nominal one-off fee clients were told they'd receive a split of profits from Sandiford investing in foreign exchange products and commodities. Meanwhile, the income fund offered an option under which investors would pay a capital investment ...

SIX launches share platform

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
A former co-founder of Future Super has launched Sustainable Investment Exchange (SIX), a share trading platform that combines activism and investing. SIX is co-founded by Adam Verwey, a former co-founder of Future Super, and Sophie Hall, an experienced ...