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Showing 901 - 910 of 962 results for "Traders"

ASIC takes Market Traders to court

AAP | FRIDAY, 11 JUN 2004

Australia's corporate watchdog has begun legal proceedings against Market Traders Instituted Australasia for conducting a financial services business without a license. The Australian Securities and Investments Commission (ASIC) has started proceedings ...

Market wrap

AAP | FRIDAY, 11 JUN 2004

The Australian market is likely to eke out some small gains on the day, although traders may struggle for direction given that the US market will be closed tonight and the Australian market is closed on Monday. Overnight, the US market gained ground ...

Market wrap

... spark a relief rally on US equity markets overnight. The gains included a key technical breach of 1110 on the S&P500, but traders said US oil inventory data due tonight would be crucial. Indicating a strong opening on Wednesday, the Australian share ...

Market Wrap

... crude oil futures 21 years ago. Worries about the US gasoline supply continued to sustain the energy market's long rally, traders said. The Dow Jones industrial average edged up 2.13 points to 10,012.87, while the broader S&P 500 Index slipped 0.78 of ...

NAB dumps share buyback following APRA report

AAP | WEDNESDAY, 24 MAR 2004

... Australia Prudential Regulation Authority (APRA) undertook an investigation into the bank's processes and procedures after traders on the bank's foreign exchange options trading desk were able to carry out unauthorised trades that cost NAB $360 million. ...

NAB head of foreign exchange resigns

AAP | THURSDAY, 18 MAR 2004

... said the head of its global foreign exchange division, Peter Cunningham, has resigned. NAB sacked five foreign exchange traders, while three senior executives left the bank last week after an independent report was released into unauthorised trading ...

NAB report reveals critical weaknesses

WITH AAP | FRIDAY, 12 MAR 2004

... the executive general manager of risk management, Chris Lewis. The bank said the four suspended foreign exchange options traders had also been dismissed. The report said there was inadequate management supervision in NAB's markets division as well as ...

Macquarie Equity launches second Equinox offer

... consists of four component funds, comprising a diversified fund of international Hedge Funds, and a group of three Tactical Traders.

Market Wrap

AAP | WEDNESDAY, 25 FEB 2004

... Australian dollar opened higher after a United States report showed consumer confidence was weaker than expected, causing traders to sell the US dollar against most major currencies. At 0700 AEDT the local currency was trading at $US0.7792/97 compared ...

APRA raised concerns with NAB before rogue trading scandal

AAP | THURSDAY, 19 FEB 2004

... year, more than six months before the rogue trading scandal that cost the bank's two top jobs. NAB suspended four currency traders in January but foreign exchange options head dealer David Bullen said his team had been trading over the limits since October ...

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Global X awards mandate for ETF business

ELIZA BAVIN | 12:33PM

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA | 11:56AM

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI | 11:09AM

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA | 12:20PM

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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