Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 125 results for "CFD"

eToro launches local stocks portfolio

CHLOE WALKER  |  FRIDAY, 2 SEP 2022
From today, investors can access the AussieEconomy portfolio, an investment basket offering long-term exposure to high performing ASX-listed companies. The 35 stocks that make up the portfolio are from a variety of industries including commodities ...

OTC derivatives provider loses licence, executives banned

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
Over-the-counter derivatives provider Sirius Financial Markets Pty Ltd has surrendered its AFSL and its former executives Jonathan Schneider and Oskar Pecyna have both been banned for eight years. ASIC reported that Sirius Financial, trading as Trade360 ...

CFD trading declines: Survey

KARREN VERGARA  |  TUESDAY, 25 JAN 2022
... 15%, Investment Trends' latest Australia Leverage Trading Report reveals. About 100,000 participants placed at least one CFD or FX trade during the period, down from the peak of 117,000 in 2020. "This is the first time in several research periods ...

J.P. Morgan joins OpenInvest

ELIZABETH MCARTHUR  |  FRIDAY, 29 OCT 2021
... investing. "The past two years has seen an extraordinary increase in Australia and elsewhere in people taking up online share, CFD and crypto trading, in some cases attracted by relentless online marketing campaigns proclaiming that investing is fun ...

eToro expands crypto offering

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
The multi-asset investment platform has added 15 new cryptoassets to its platform for local investors and will introduce staking from next week. The new additions bring the number of cryptos offered by eToro to 36 and include Solana, Cosmos, Shiba Inu ...

Pinnacle backs investment platform

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
Pinnacle Investment Management has made a $3 million cornerstone investment in OpenInvest. Melbourne-based fintech OpenInvest said it will use the funding to increase staff numbers to continue the roll out of its investment administration technology ...

ASIC looks to extend CFD intervention

ELIZABETH MCARTHUR  |  TUESDAY, 19 OCT 2021
... order in October 2020, after finding that CFDs were resulting in "significant detriment" and losses to retail investors. A CFD is a leveraged derivative contract that allows a client to speculate on the change in value of an underlying asset, such as ...

Forex CT cops $20 million fine

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
... requests. Both Hoang and Tran made misleading representations that clients would make profits trading with Forex CT when a CFD is a speculative high-risk investment and told clients they would not benefit from clients depositing funds.

ASIC issues warnings on investment scams

ANNABELLE DICKSON  |  FRIDAY, 14 MAY 2021
... In addition, ASIC has received several reports from consumers who have been scammed after responding to crypto-currency and CFD investment advertisements in counterfeit versions of news outlets such as Forbes Business Magazine, ABC News, Sunrise and ...

Foreign exchange brokers banned

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... requests. Both Hoang and Tran made misleading representations that clients would make profits trading with Forex CT when a CFD is a speculative high-risk investment and told clients they would not benefit from clients depositing funds. Furthermore, Hoang ...