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Showing 61 - 70 of 553 results for "Foreign Exchange"

Veteran adviser cops permanent ban

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... website, which also promotes trading courses that train traders "how to use our specialised trading robots to trade foreign exchange, commodities and international shares". "I decided to became [sic] a financial adviser in 1989. Since then I have been ...

New CFS platform at the cutting Edge: Quirk

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... lends itself to cohorts in the high-net-worth space. "We expect with the delivery of international equities, foreign exchange, margin lending and unique wholesale options, Edge will be able to tap into other parts of the market," Quirk said. Another ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
... advice complaints, up 51% year on year. However, 1726 related to bad advice from Dixon Advisory and 656 came from foreign exchange-related complaints for Best Leader Markets. Stripping these out, there were 2458, investment and advice complaints, representing ...

Perpetual reports $212bn in AUM

ANDREW MCKEAN  |  THURSDAY, 27 JUL 2023
... positive markets and strong investment performance for contributing to an uplift of $4.5 billion and positive foreign exchange movements contributed $2.4 billion. Net outflows of $5.1 billion were attributed to global and international equities strategies ...

ASIC cancels FTX Australia's licence

CASSANDRA BALDINI  |  WEDNESDAY, 19 JUL 2023
... Australia's licence permitted it to deal in, make a market for and provide general advice relating to derivatives, and foreign exchange contracts to retail and wholesale clients. In the early months of 2022, the collapse of the exchange took place ...

ASIC issues first-of-its-kind stop order

CASSANDRA BALDINI  |  MONDAY, 5 JUN 2023
... difference (CFD). The stop order prevents the broker from opening trading accounts or dealing in CFDs or margin foreign exchange contracts (margin FX) to retail investors. ASIC said the action is its first in response to a contravention of the reasonable ...

Nanuk launches currency hedged unit class

ANDREW MCKEAN  |  WEDNESDAY, 31 MAY 2023
... international currency-denominated cash and equity securities. This is typically achieved by entering forward foreign exchange contracts for the fund's major currency exposures.

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... important payments infrastructure, the printer of banknotes and passports, and the manager of Australia's foreign exchange reserves. So there is a lot more than just monetary policy." "Under the Reserve Bank Act 1959, I, as the governor, am charged ...

Adviser complaints rise, super complaints decrease

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
... to 19 insolvent financial advice firms registering 1972 complaints allegedly owing $375.4 million. Two defunct foreign exchange dealers received 1162 complaints from customers who are owed $253.6 million in compensation.ASIC's corporate insolvency ...

ASIC cans Binance AFSL

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... AFSL should be cancelled or not. Oztures Trading's AFSL enabled it to issue and make a market in derivatives and foreign exchange contracts, targeting retail and wholesale clients. Part of ASIC's review looked at how Binance classified retail and wholesale ...