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Showing 881 - 890 of 6090 results for "Trading"

Goldsky director charged

ELIZABETH MCARTHUR  |  TUESDAY, 13 APR 2021
... money would be invested in a managed fund. However, ASIC alleges Grace did not allocate investor money to investments and trading and did not generate the profits that he pretended investors could expect. Rather than being invested in a managed fund ...

State Street tech to back crypto trading platform

JAMIE WILLIAMSON  |  FRIDAY, 9 APR 2021
... investors to trade digital currencies. State Street's Currenex business is working with Puremarkets and will provide the trading infrastructure for its Pure Digital platform. Currenex is the asset manager's currencies trading platform. "Pure ...

Implemented Portfolios adds to team

ANNABELLE DICKSON  |  THURSDAY, 8 APR 2021
... prior to which she was in a similar role at Xplore Wealth. She was also an associate director - client relationship and trading at FIIG Securities and a client service associate at RaboDirect Australia. O'Halloran was most recently a business development ...

Elston grows distribution team

ANNABELLE DICKSON  |  WEDNESDAY, 7 APR 2021
... Australia. Weber was previously a business development associate at HUB24 and spent five years at Commonwealth Bank in trading. In his new role, Weber will be working with Elston's New South Wales distribution team. "We're really excited to have Sam ...

ASIC cracks down on binary options

ELIZABETH MCARTHUR  |  THURSDAY, 1 APR 2021
... have resulted in significant losses for retail clients. In 2018, ASIC estimated that net losses from retail investors trading binary options were $490 million. The regulator issued a warning in response and the losses for 2019 shrunk to $6.7 million. ...

Multiples paid for client books dip

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
... vanilla AFSL with a managed discretionary account (MDA) facility would go for $50,000. Adding an options and derivatives trading capability to the latter would fetch between $80,000 to $120,000. The firm, which also brokers accounting and mortgage broking ...

Trading platform names new chief

KARREN VERGARA  |  MONDAY, 29 MAR 2021
An ASX-listed trading platform has made changes to its executive leadership, naming a new chief executive and chair. SelfWealth has announced Cath Whitaker will lead the platform, joining from Mercer's parent company Marsh McLennan. She will commence ...

AMP, Ares deal up in the air

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
... news follows speculation last week that AMP chief executive Francesco De Ferrari was to resign. AMP was forced to enter a trading halt before confirming that he remains in the lead role. After that announcement, Allan Gray portfolio manager Simon Mawhinney ...

Mayfair found to have misled

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
... Federal Court finding its advertisements for debenture products were misleading. The court found Mayfair Wealth Partners trading as Mayfair Platinum, Online Investments trading as Mayfair 101, M101 Nominees and M101 Holdings engaged in misleading and ...

Insider trading four times more common

ELIZABETH MCARTHUR  |  TUESDAY, 23 MAR 2021
New research estimates that the actual prevalence of illegal insider trading is much higher than regulators think, at least four times greater than the number of prosecutions. The research was conducted by Vinay Patel and Talis Putnins from the University ...