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Australia
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Institutional FX
Marex Gains ASIC’s Approval for Australia Office
2021-12-08T10:28:23.221+02:00
The company is planning to accelerate its expansion in the Asia Pacific.
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Brokers
Aussie Dispute Resolution Agency Expels USGFX Membership
2021-12-01T06:49:00.000+02:00
The membership was expelled on November 11.
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News
AFG Announces Acquisition of Fintelligence for $52.2 Million
2021-11-30T12:28:00.000+02:00
The Group has acquired a 75% stake in the company.
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Regulation
ASIC Imposes Additional License Conditions on ASX
2021-11-24T09:36:30.000+02:00
The conditions will ensure no outages of the trading platform due to future upgrades.
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Executive Moves
Saxo Expands Australian Team with Jessica Amir and David Harvie
2021-11-22T12:22:00.000+02:00
Jessica Amir joined as Saxo’s Australian Market Strategist while David Harvie has been selected as Country Head of Direct Sales.
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Thought Leaders
FP Markets Recognized as Best FX Broker: Australia
2021-11-19T12:28:42.000+02:00
FP Markets has a long history of being at the forefront of Australian brokers.
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News
ASX’s DLT as a Service Platform Is Production Ready
2021-11-17T14:08:41.000+02:00
The rollout of the platform might happen in the coming months.
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News
Perth Heat to Pay Players in Bitcoin
2021-11-17T13:09:13.000+02:00
The club will hold Bitcoin on its balance sheet.
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Regulation
Aussie Regulator Cautions Firms against Ties with Financial Influencers
2021-11-09T11:08:20.000+02:00
These influencers provide financial advice without having a mandatory AFS license.
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News
Australian Watchdogs to Check CBA’s Crypto Offering Regulatory Implications
2021-11-05T22:21:17.000+02:00
A partnership with Gemini Trust Company is initially planned for CBA's cryptocurrency trading service.
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News
Australia’s Commonwealth Bank Is Set to Launch Cryptocurrency Services
2021-11-03T10:02:15.000+02:00
The bank will initially offer trading and custody services with ten major cryptocurrencies.
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Regulation
ASIC Issues Regulatory Guidance on Crypto Products
2021-10-29T08:36:44.000+02:00
It approved the criteria under which Bitcoin and Ethereum investment products can be launched.
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News
Playtech Shares Jump 57% after Acquisition Confirmation
2021-10-18T13:36:28.000+02:00
The deal is expected to be closed in the second quarter of 2022.
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Regulation
ASIC Proposes to Extend Retail CFDs Restrictions till 2031
2021-10-18T08:31:21.000+02:00
The ongoing order of product restrictions is set to expire on March 23, 2022.
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News
Australia to Impose ‘Harsher’ Penalties for Ransomware Gangs
2021-10-15T18:41:28.000+02:00
A joint parliamentary committee approved two weeks ago the Ransomware Action Plan.
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Felipe Erazo
Regulation
ASIC Drops Warning Message on ‘Pump and Dump’ Telegram Group
2021-10-15T08:26:31.000+02:00
The group of 300 members was coordinating to inflate the prices of shares.
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Arnab Shome
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Retail FX
Australians Raised 1,041 Complaints against FX, CFDs Dealers in FY21
2021-10-07T08:05:31.000+02:00
Shares, forex and CFDs were the most complained about products.
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Retail FX
ForexCT to Pay $20 Million in Penalties, Liquidators Reach Out to Clients
2021-10-06T20:42:42.000+02:00
The liquidators had received 800 responses so far from clients affected by ForexCT.
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Brokers
ASIC Brokers Identify Target Markets as New DDO Rules Come into Effect
2021-10-05T11:52:34.000+02:00
The rules become effective on October 5.
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Retail FX
ASIC Announces Cancellation of Pure Strategy’s AFS License
2021-09-27T11:09:53.000+02:00
The authority cancelled the license due to Pure Strategy’s failure to comply with its general obligations.
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Bilal Jafar
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Retail FX
ASIC Bans Unsolicited Sale of Financial Products
2021-09-23T10:51:59.000+02:00
This will affect cold calling and other unsolicited contact tactics used by firms.
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News
Binance Ceases Crypto Futures and Options Offering in Australia
2021-09-21T10:54:14.000+02:00
The exchange is pulling its derivatives services around the world amid regulatory crackdowns.
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News
Airwallex Secures $200 Million in Series E Funding Round
2021-09-21T10:22:46.000+02:00
The fintech platform received a valuation of $4 billion.
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Bilal Jafar
Regulation
ASIC Grants 339 New AFS Licenses in FY2020-21
2021-09-15T10:47:41.000+02:00
The agency received a total of 565 applications for new AFS licenses.
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Arnab Shome
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Brokers
Stakeshop to Launch Discounted Brokerage Service in Australia
2021-09-13T11:15:04.000+02:00
The startup is now offering US stocks in the country and already has around 360,000 customers.
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Arnab Shome
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