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Showing 41 - 50 of 1758 results for "Broker"

Viridian launches new specialist division amid acquisition drive

ANDREW MCKEAN  |  TUESDAY, 12 SEP 2023
... co-founder and joined chief executive Raamy Shahein said in April. This month, Viridian also acquired Sydney-based mortgage broker, Smartmove Professional Mortgage Advisors, expanding its footprint in the lending sector. The acquisition set to finalise ...

Income Asset Management appoints head of sales

ANDREW MCKEAN  |  TUESDAY, 5 SEP 2023
... strategic sales plans to expand our client base, increase revenue and position ourselves as the market leading fixed income broker in Australia."

NZ Super Fund secures stake in Euroclear

CASSANDRA BALDINI  |  MONDAY, 4 SEP 2023
... ideally suited to Euroclear's growth strategy. "This is focused on enhancing the value provided to investors, issuers, broker dealers, shareholders and communities through our core product and service offering, while upgrading our capabilities in ESG ...

Wall Street firms slugged $442m for recordkeeping breach

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... Securities each copped a US$10 million penalty, while SMBC Nikko Securities America is forced to pay US$9 million. "Each of the broker-dealers was charged with violating certain recordkeeping provisions of the Securities Exchange Act of 1934 and with ...

Online investor numbers dip as cost-of-living bites

CHLOE WALKER  |  FRIDAY, 4 AUG 2023
The latest Investment Trends' Australian Online Investing Report has cited cost of living pressures as cause for the decline in online investing this year. Based on a survey of 22,324 investors and traders conducted from April to May, found about 1.28 ...

Charter Hall offloads UNSW asset

CHLOE WALKER  |  MONDAY, 31 JUL 2023
Charter Hall's Direct PFA fund has divested its leasehold interest in UNSW Kensington for $80 million to meet investor redemption requests. The office building, located at 221-227 Anzac Parade in Kensington, is leased by the University of New South ...

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. ...

ASX consultation: Time to say goodbye to mFund?

ANDREW MCKEAN  |  FRIDAY, 7 JUL 2023
The ASX has started a consultation process concerning the potential wind-down and closure of mFund. The market operator is seeking feedback from industry stakeholders on their preferences for transacting in managed funds via the ASX, and the proposed ...

Openmarkets hit with largest ever MDP penalty

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... to ensure compliance with requirements under the market integrity rules dealing with suspicious trading. The wholesale broker also had insufficient staff with the appropriate skills, knowledge, and experience to carry out effective trade surveillance. ...

Rising costs bite asset owners

KARREN VERGARA  |  MONDAY, 3 JUL 2023
The cost to do business for asset owners is becoming more expensive, as many report a 34% jump in fund servicing expenses over the last three years as they also grapple with lower management fees. The Investors' Costs and Fees report compiled by ...