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Showing 1 - 10 of 69 results for "Saxo"

Retirement saving, investing daunting for women: Surveys

KARREN VERGARA  |  FRIDAY, 8 MAR 2024
... Women's average balances have only increased by 3% since January 2022, while men's balances increased by a whopping 88%. Saxo head of FX strategy Charu Chanana said: "The gender investment gap is real. Why are women not investing as much? I would ...

Saxo lowers trading costs

KARREN VERGARA  |  MONDAY, 15 JAN 2024
Trading platform Saxo has overhauled its fee structure so investors can trade for as little as $3. From January 15, investors on Saxo's platform buying and selling Australian equities pay a minimum $3. Competitors such as Stake charges the same ...

IG appoints institutional sales manager

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... institutional business for API, white labels, advisory brokers, and funds in the region. Before that, Wood spent seven years at Saxo Capital Markets Australia, following his role in Autobahn FX Trade Support at the UK offices of Deutsche Bank, where ...

BBY manager charged with aiding and abetting

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2023
... instructed St George Bank to transfer $350,000 out of BBY's futures client segregated account and $1.6 million out of BBY's Saxo Buffer account to the operating account held with NAB. ASIC alleged that all the transaction instructions had the intention ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... 2021. In addition to Binance, Capital Com Australia, CMC Markets Asia Pacific, Eightcap, IG Australia, Pepperstone Group, Saxo Capital Markets, and City Index were forced to pay remediation. Of the amount paid, $13.1 million went to 523 clients of Oztures ...

Piper Alderman investigates second CFD class action

CHLOE WALKER  |  WEDNESDAY, 25 OCT 2023
... licensees operating in Australia, with penalties in excess of $75 million. In May the regulator issued stop orders against Saxo Capital Markets which were then revoked after it made changes to its target market determinations in relation to CFDs. Piper ...

AUSIEX, Saxo launch new adviser trading solution

CHLOE WALKER  |  THURSDAY, 28 SEP 2023
AUSIEX teamed up with Saxo Australia to deliver an integrated international trading solution for financial advisers. The partnership will allow financial advisers to directly trade and own international equities and exchange-traded funds (ETFs) across ...

ASIC cracks down on CFDs, OTC derivatives

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... investment products," she said. eToro is preparing to defend its practices as ASIC alleges it breached its DDOs. In August, Saxo Capital Markets was forced to amend its TMDs after the regulator raised concerns.

Saxo APAC asset management lead exits

KARREN VERGARA  |  MONDAY, 4 SEP 2023
The head of Saxo Markets' asset management for Asia Pacific has left the company after two years. Sydney-based Manish Prasad was appointed to the role in June 2021 and has recently left the firm, Saxo confirmed. Prasad was hired at a time when Saxo ...

eToro sued by ASIC

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... protect consumers from high-risk CFD trading, not suited to their financial circumstances, including stop orders against Saxo Capital Markets and MitradeGlobal.
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