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Showing 911 - 920 of 2080 results for "Australian Securities"

Perpetual to acquire The Trust Company

MARK SMITH  |  TUESDAY, 7 MAY 2013
... of its ordinary shares, in a deal expected to be worth $220 million. According to an announcement on the Australian Securities Exchange (ASX), it is proposed The Trust Company shareholders will receive 0.1495 Perpetual shares for each share they own ...

Chi-X opens to all Australian listed stocks

LAURA MILLAN  |  MONDAY, 6 MAY 2013
... The latest Chi-X results show that around one in five trades on its platform deliver price improvement. An Australian Securities and Investment Commission (ASIC) report said last month that Chi-X participants have saved $300 million in the last year. ...

BT Financial boosts Westpac result

MARK SMITH  |  FRIDAY, 3 MAY 2013
... helped Westpac record a 10% rise in increase in cash earnings for the half-year. In an announcement on the Australian Securities Exchange (ASX) the bank said the wealth arm had benefited from strong flows onto platforms, growth in superannuation, stronger ...

Macquarie reports rise in profits

MARK SMITH  |  FRIDAY, 3 MAY 2013
... $6.7 billion, mitigated by a 10% fall in operating expenses to $5.3 billion. Announcing the result to the Australian Securities Exchange (ASX) this morning, Macquarie Group managing director and chief executive Nicholas Moore attributed the rise in profits ...

ASIC raises red flag on capital protected products

LAURA MILLAN  |  THURSDAY, 2 MAY 2013
The Australian Securities and Investments Commission (ASIC) has zeroed in on the labelling of unlisted retail structured products that are being promoted as having "capital protection" or a "capital guarantee". An ASIC report noted that these are complex ...

PIF Action Group questions ASIC decision on Wellington

LAURA MILLAN  |  WEDNESDAY, 1 MAY 2013
The Australian Securities and Investments Commission (ASIC) decision to drop the investigation into the Wellington Premium Income Fund (PIF) has angered the PIF Action Group. PIF Action Group president Peter Grenadier told Financial Standard that in ...

APX given green light

MARK SMITH  |  TUESDAY, 30 APR 2013
... the APX to commence operating an exchange market in Australia once it has complied with an number of the Australian Securities and Investments Commission (ASIC)'s conditions. "This decision means that the Australian owned APX market will offer stock ...

ASIC MDA review requires further clarity: IMAP

ALICE URIBE  |  TUESDAY, 30 APR 2013
... account operators (MDAs) is excessive, and will push for a two-year requirement. In its submission to the Australian Securities and Investment Commission (ASIC) addressing the regulator's renewed approach to MDA's in Consultation Paper 200: Updates to ...

ASIC winds up 3 fraudulent QLD financial services companies

LAURA MILLAN  |  MONDAY, 29 APR 2013
... companies to be wound up after they defrauded approximately $1 million between May and October 2012. An Australian Securities and Investments Commission (ASIC) investigation discovered that Secured Collateral, Diversified Collateral, Intra Management ...

Fair Finance Australia pays infringement notice penalty

LAURA MILLAN  |  FRIDAY, 26 APR 2013
The Australian Securities and Investments Commission (ASIC) has issued an infringement notice to Foresters Community Finance, which trades as Fair Finance Australia for false or misleading advertising. Fair Finance paid a $6,600 penalty on 22 March ...