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Showing 401 - 410 of 6162 results for "Trading"

Former Courtenay House director sentenced

MATTHEW WAI  |  TUESDAY, 3 SEP 2024
... 21 April 2017, Iervasi raised around $180 million from about 580 investors, promising high returns from futures and FX trading; much of the money was used to fund his lifestyle, with just 3% of the funds actually traded, ASIC said. Iervasi was the sole ...

Acadian AM launches two new credit strategies

ELIZA BAVIN  |  MONDAY, 2 SEP 2024
... easily provide transparency on portfolio composition and performance as well as capitalise on the fragmented corporate bond trading environment. At Acadian, we view both as high priorities that are worthy of significant resourcing," he said. "On the ...

AustralianSuper takes monster hit on Pluralsight

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... and the increase in debt service costs due to higher interest rates led to a sharp deterioration in the company's trading performance triggering a restructure." Hargraves added that although these types of situations are rare, they can occur from ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... after the crypto exchange was found to have not complied with design and distribution obligations when offering a margin trading product to its customers. Bit Trade's "margin extension" product, which allowed for margin extensions to be made and ...

ANZ hit with $250m capital penalty

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... business had occurred recently which increased its concerns, specifically relating to the bank admitting it misreported bond trading data to the Australian Office of Financial Management (AOFM) in 2022-23, and that action has been taken in response to ...

Managed funds bounce back after bearish Q1: Calastone

ANDREW MCKEAN  |  WEDNESDAY, 21 AUG 2024
... assets stay sidelined until central banks signal a return to looser monetary policies. "Despite record outflows in Q1, trading in equity funds was very active throughout 1H 2024, with gross turnover notably higher than for fixed income funds. This shows ...

UniSuper enterprise risk lead departs

ELIZABETH FRY  |  MONDAY, 19 AUG 2024
... penned as a young trader at NAB. During his time with the lender, Gentilin blew the whistle on a major foreign exchange trading scandal that saw the jailing of four of his colleagues on the desk. Motivated by this experience, Gentilin wrote a book on ...

Iress earnings up 52% to $67m

ANDREW MCKEAN  |  MONDAY, 19 AUG 2024
... However, excluding divested businesses, revenue rose 4% compared to 1H23. Revenue growth was seen in the APAC Wealth, Trading & Global Market Data, UK, Canadian and South African businesses, but there was a decline in revenue in Superannuation. Superannuation ...

ASIC project foils scammers' operations

MATTHEW WAI  |  MONDAY, 19 AUG 2024
... follows an earlier warning on "fake news" articles and "deepfake" videos of public figures endorsing online investment trading scams, ASIC said. Investment scams continue to top the charts when it comes to scam losses for Australians, which saw a staggering ...

Bell Financial half-year profit soars 50%, revenue up

ANDREW MCKEAN  |  FRIDAY, 16 AUG 2024
... business," Davenport said. Bell Financial also noted that ongoing investment in proprietary technology saw the launch of trading on US equities markets in the Bell Direct business, progress in improving digital client onboarding, and early exploration ...