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Showing 881 - 890 of 6602 results for "Exchange"

Fund manager charged with defrauding investors

ELIZA BAVIN  |  WEDNESDAY, 13 JAN 2021
... investors who he had duped into believing he was an experienced and successful investment manager. The Securities and Exchange Commission in the US charged Eric Malley, and his company MG Capital Management, with defrauding retail investors in two real ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
... 7900 top in the first. So far, the British currency's reaction has been relatively muted. Sterling's effective exchange rate has depreciated by 2.5% in 2020 -because central banks around the world have been responding almost in unison (through ...

Deutsche Bank fined for alleged bribery

ANNABELLE DICKSON  |  MONDAY, 11 JAN 2021
The US Securities and Exchange Commission (SEC) has fined the bank for falsifying payment documentation in relation to third-party intermediaries. Deutsche Bank has agreed to pay more than US$120 million for violations of the Foreign Corrupt Practices ...

Xinja ceases banking

ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
... allow." Xinja announced its plans to launch Dabble in July this year to give investors access to over 3000 US stocks and exchange traded funds. Xinja said it is already safely executing the return of customers' deposits, which will continue over the ...

LICs show sign of struggle

ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
Demand for listed investment companies (LICs) has decreased significantly due to heightened investor interest in exchange traded products (ETPs), managed accounts and mFunds. The latest Rainmaker Information Wholesale Advantage Report show LICs previously ...

ASIC takes action on Union Standard

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... China in circumstances, the watchdog claimed, it was illegal for Chinese residents to deal or trade in those foreign exchange contracts. ASIC alleged Union Standard's conduct placed its China-based clients at risk of contravening Chinese law, exposing ...

ETF industry revenues revealed

KANIKA SOOD  |  TUESDAY, 15 DEC 2020
... and revenue streams outside of ASX listed ETFs, for example via unlisted managed funds. "Examination of revenue from exchange traded products is particularly interesting. After all, businesses don't operate on how much FUM they have. Revenue is their ...

Magellan launches funds on Chi-X

ELIZA BAVIN  |  TUESDAY, 15 DEC 2020
... the MFG funds provides retail investors one of the most respected fund managers in Australia. "We are excited to be the exchange partner of choice for Magellan's new retail offering. Through the MFG Core Series, investors can now benefit from the ...

BNP Paribas wins custody mandate

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... partnership with BNP Paribas Securities Services, which provides clearing and custody services across the Euronext stock exchange and Turkish markets. "Together with our recently opened Clearstream Australia subsidiary, this new partnership gives us ...

ETF Securities shutters funds

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
ETF Securities has closed two of its exchange traded funds after failing to reach sufficient size. The ETF Securities Global Core Infrastructure ETF (CORE) and the Enhanced USD Cash ETF (ZUSD) will be terminated after the last day of trading on 29 January ...