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Showing 481 - 490 of 6535 results for "Exchange"

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... response, the Digital Assets Bill introduced a new licencing framework, consisting of three authorisations: Digital Asset Exchange, Digital Asset Custody, and Stablecoin Issuance. For Digital Asset Exchanges, the Bill proposes minimum capital requirements ...

Outflows, M&A batter active managers

KARREN VERGARA  |  THURSDAY, 30 MAR 2023
... and wholesale managed funds either shuttered or merged with a relatively superior product. By the same token, only 10 exchange-traded products suffered the same fate. With only its institutional business left intact, abrdn is a shadow of its former self ...

Global crypto platform expands to Australia

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... establish an Australian office. According to CoinMarketCap data, OKX ranks as the seventh largest cryptocurrency spot exchange and third largest crypto derivatives trading platform, by trading volume. OKX chief marketing officer Haider Rafique said the ...

ASIC investigates CHESS replacement blunder

KARREN VERGARA  |  WEDNESDAY, 29 MAR 2023
... role in failing to replace the settlements system and the technology that underpins it. ASIC is investigating if the exchange and its directors breached obligations under several sections of the Corporations Act. This includes breaching duties of care ...

US regulator sues crypto giant, chief executive

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
... Binance. The complaint also includes Binance former chief compliance officer Samuel Lim for aiding and abetting the crypto exchange. "For years, Binance knew they were violating CFTC rules, working actively to both keep the money flowing and avoid compliance," ...

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
... into the 25-year-old settlements system, ASIC is requiring the ASX to produce two special reports to ensure that the exchange rectifies its deficiencies. Financial Standard reached out to the ASX for comment but did not receive a response.

State Street buys outsourced trading firm

JAMIE WILLIAMSON  |  THURSDAY, 23 MAR 2023
... platform. State Street said its clients can also expect multi-asset class execution, including equities, fixed income, exchange-traded derivatives and foreign exchange, as well as modular-based solutions that allow clients to outsource components of ...

Menopause: The silent economic crisis

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... the Fair Work Act. For example, an employee who is guaranteed a 3% pay rise each year might see this dropped to 1.5% in exchange for paid menopause leave. "That's not what we want. We don't want employers to give us this and take away that; our ...

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... taking certain securities as collateral. The Department of Treasury will make available up to US$25 billion from the Exchange Stabilisation Fund as a backstop for the BTFP, the Federal Reserve said, though noted it does not expect it will be necessary ...

Morningstar launches managed accounts portfolios

KARREN VERGARA  |  MONDAY, 13 MAR 2023
... investment objectives. The Medalist Core Portfolios use both active and passive investment strategies across managed funds and exchange-traded funds. The six portfolios, currently available on the Macquarie Wrap and Praemium platforms, are the Conservative ...