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Showing 71 - 80 of 5917 results for "Trading"

Selfwealth to proceed with Svava proposal

MATTHEW WAI  |  WEDNESDAY, 26 FEB 2025
... pursue "value accretive opportunities" in the future. This follows BFG's initial offer of 22 cents per share to acquire the trading platform and was forced to up the offer several days later. Earlier this month, Svava made a bid for Selfwealth, offering ...

Iress posts strong profit rebound, completes transformation program

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
... meanwhile, was $132.8 million, an increase of 25% from the prior year. Iress said the growth primarily emanated from the UK, Trading and Global Market Data, and APAC Wealth businesses on the back of a range of transformation activities focused on core ...

SelfWealth juggles takeover bids

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
SelfWealth, the online trading platform, has provided an update as to the bidding war between Bell Financial Group (BFG) and Svava. In the latest turn of events, SelfWealth said it is "actively engaging" with Svava's proposal but reiterated that there ...

SMSF sector continues to grow

ELIZA BAVIN  |  FRIDAY, 21 FEB 2025
... their holdings increased by 8.8%, according to the AUSIEX SMSF Under Advice report. The number of newly established SMSF trading accounts on the AUSIEX platform - across both advised and self-directed segments - rose 14.5% year-on-year in number. Advised ...

HUB24 engulfs ClearView's remaining superannuation business

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... 33% year on year to $120.9 billion. Platform revenue was up 29% to $154 million, driven by FUA growth and an uplift in trading volumes. Some $2 billion of FUA relates to Xplore Wealth MDA, which will shutter by March 31. Looking ahead, HUB24 expects ...

Australian GDP growth 'steady but not solid': La Trobe

MATTHEW WAI  |  TUESDAY, 18 FEB 2025
... although right now it's sitting below 1%...," Tagg said. "Consider the annual GDP growth of Australia over our top trading partners this century... given the aggregate growth patterns, you can see it is quite a distinct step down each decade." To ...

UniSuper prepared for buying opportunities

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... for markets - with returns greater than 20% - he didn't expect that trend to continue. "Valuations are high, markets are trading at a premium, and odds are that we're going to have a flat year," Pearce said. "UniSuper invests for the long term, and over ...

Oaktree offers Star $650m lifeline

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... has faced a flurry of issues over the past few years. In August 2024 the casino operator requested to take a break from trading on the ASX after the release of the Bell Report by the NSW Independent Casino Commission. Star returned to the ASX around ...

CBA's 'Cinderella story' over: Analysts

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
... rally has been the subject of much conjecture over the last year. Despite stagnant earnings growth, it's currently trading at an all-time high of 27 times the 12-month forward earnings, which is higher than the growth-oriented S&P 500," McCormack ...

Saxo Australia to rebrand after global takeover

MATTHEW WAI  |  TUESDAY, 11 FEB 2025
... meantime, to minimise disruption for its clients, Saxo Australia said it would continue to leverage Saxo Bank's platform and trading technology. Smith said the transaction aims to enhance the offerings and services provided. "We are very pleased to partner ...