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Showing 481 - 490 of 6086 results for "trading"

ASIC cracks down on former adviser, comedian

JAMIE WILLIAMSON  |  TUESDAY, 22 AUG 2023
... the victim of a scam himself during this time. In 2019 Valvo told A Current Affair how he lost $50,000 through a fake trading platform. According to his interview with A Current Affair, some of his loved ones also lost money, including his wife and best ...

Veteran adviser cops permanent ban

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... respect to these two products. He also made false and misleading representations regarding the level of risk involved in trading contracts for difference (CFDs) and promoted trading courses for CFDs when he was unlicensed in dealing in derivatives. ASIC ...

Franklin Templeton launches alternatives fund in Australia

CASSANDRA BALDINI  |  TUESDAY, 15 AUG 2023
... while maintaining a vigilant approach to measuring, monitoring, and mitigating risks. It is overseen by head of direct trading and quantitative strategies Paul Fraynt. Incepted in April, it currently has total net assets of $0.99 million. "We chose to ...

Wall Street firms slugged $442m for recordkeeping breach

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... compliance continues," Wadhwa said. As part of the crackdown on maintaining proper recordkeeping, the Commodity Futures Trading Commission separately fined Wells Fargo Bank, BNP Paribas Securities, SG Americas Securities, Société Générale, Bank of ...

Online investor numbers dip as cost-of-living bites

CHLOE WALKER  |  FRIDAY, 4 AUG 2023
... bring down these perceived barriers to entry and encourage ongoing engagement, Guiamatsia said. "We believe education and trading tools that are tailored to - or customisable by - each individual investor can enable this," she said. Positively, the report ...

eToro sued by ASIC

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... product. ASIC alleges eToro's target market for its CFD product was far too broad for such a high-risk and volatile trading product where most clients lose money. The regulator also claims that the screening test was wholly inadequate to assess whether ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... calculates Aussies have $60,000 in savings on average, which includes term deposits, offsets, mortgage redraw, and share-trading accounts. Over the past six months however, savings have been in steady and steep decline, as they eat into their savings ...

State Street brings Fund Connect ETF Portal to Australia

ANDREW MCKEAN  |  TUESDAY, 1 AUG 2023
... market, the creation and redemption process still relies heavily on manual tasks including faxes." We believe an electronic trading solution like the Fund Connect ETF Portal will bring significant value to ETF issuers and APs in Australia. Importantly ...

CommSec launches global share trading platform

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
CommSec is rolling out a new international share trading platform, offering access to 13 equities markets for as little as US$5 brokerage. The new service will initially be made available on the CommSec website, to be made available via the app in time. ...

Macquarie reports decline in earnings amid weaker trading

ANDREW MCKEAN  |  THURSDAY, 27 JUL 2023
Macquarie Group has reported a decrease in earnings for the first quarter of 2024, influenced by weaker trading conditions. Macquarie chief executive Shemara Wikramanayake said the drop in profits was influenced by a reduction in investment related ...