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Showing 31 - 40 of 553 results for "Foreign Exchange"

Court sentences Ponzi scheme promoter

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... made a whopping $3.9 million in commissions. Courtenay House promised stellar returns to investors by trading in foreign exchange and futures commodities when it was not licensed to do so. While the court found that Sipina was not aware that Courtenay ...

FX expert jumps from Insight to HSBC

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... capabilities with investors, asset consultants and analysts. Ereira has had 25 years of experience in money and foreign exchange markets. Before joining Insight, he founded Cerca FX Consulting, where he spent two years advising institutional investors ...

Macquarie reports $1.6bn net profit

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
... under management was $916.8 billion, down 2% from $938.3 billion at March 31. The decline was due to unfavourable foreign exchange movements, outflows in equity strategies and divestments. It was however, partially offset by favourable market movements ...

Carnegie's MHC Digital, Circle target local stablecoin push

ANDREW MCKEAN  |  TUESDAY, 1 OCT 2024
... multi-currency stablecoins are expected to provide a more efficient alternative to the traditional multi-trillion-dollar foreign exchange market. USDC reserves are held in segregated accounts, kept entirely separate from Circle's business operating funds ...

Director pleads guilty to 'dishonestly' obtaining near $1m

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
... was the sole director for both companies which have since been deregistered. McCabe's victims believed they had foreign exchange trading accounts with access to "capital" funds to trade on a trading platform provided by a third party. Instead, only "test" ...

Northern Trust expands fixed income trading capability

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
... is offered through Institutional Brokerage, a part of Northern Trust Banking and Markets, which also provides foreign exchange, securities lending, and transition management services.

Former director sentenced for misappropriating investor funds

JAMIE WILLIAMSON  |  MONDAY, 9 SEP 2024
... second was an 'income fund' where investors placed capital into a larger pool of funds to be used to trade foreign exchange products and commodities with the belief they'd profit from doing so. In total, 74 clients gave Sandiford $440,909. ...

ASIC cancels AFSL of foreign exchange contracts issuer

ELIZA BAVIN  |  THURSDAY, 5 SEP 2024
... (ASIC) has cancelled the Australian financial services licence (AFLS) of contracts for difference (CFDs) and foreign exchange contracts issuer, FXOpen AU. ASIC said the decision to cancel the licence came after an investigation identified serious concerns ...

BlackRock launches new bond ETF

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... also offers Australian investors an additional layer of stability without having to weather the ups and downs of foreign exchange risk."

UniSuper enterprise risk lead departs

ELIZABETH FRY  |  MONDAY, 19 AUG 2024
... which he 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 ...