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Australia
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Regulation
ASIC Further Suspends the AFSL of Former Stockbroker BBY
2020-06-04T05:07:58.000+02:00
The AFS licence has been suspended until the 30th of June 2021.
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Regulation
ASIC Cancels AFS License of Australian Golden Securities
2020-06-01T05:02:32.000+02:00
The cancellation is effective from the 21st of May 2020.
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Regulation
ASIC Suspends AFSL of Forex Plus for Six Months
2020-05-28T08:39:31.000+02:00
According to ASIC, the company hadn’t been providing financial services for some time.
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Regulation
ASIC Bans Former Spectrum Wealth Advisor Sean Philip Lewis
2020-05-26T09:32:05.000+02:00
Lewis has been banned from providing financial services for five years.
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Institutional FX
CFH Launches ASIC-Regulated Brand in Australia
2020-05-21T23:53:28.000+02:00
CFH will be offering its infrastructure, liquidity and clearing facilities via proprietary technology to institutional clients.
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News
Australian Police Nab Woman for Illegally Exchanging $3M in Bitcoin
2020-05-15T14:35:35.000+02:00
The country’s police are cracking down on the illegal crypto exchanges, accepting more arrests.
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Analysis
Aussie Brokers Respond to ASIC’s Retail CFD COVID-19 Report
2020-05-07T07:47:31.000+02:00
Aussie brokers have enjoyed a boost to trading activity and volumes amid COVID-19.
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Regulation
ASIC: Retail Clients Post Net Loss of $150.8m from CFD Trading in 1 Week
2020-05-06T09:58:17.000+02:00
The client loss occurred during the 16th until the 22nd of March 2020 from 12 Australian CFD providers.
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Payments
Exclusive: iSignthis Addresses Rumours, Launches New Products
2020-05-06T07:33:20.000+02:00
The company wants to ensure its customers that it’s business as usual.
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Brokers
Trade360 Names Aussie Cricketer Steve Smith as Global Ambassador
2020-05-04T10:07:35.000+02:00
He will be the international face of the platform on all platforms.
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Brokers
Vantage FX Launches Official Telegram Channel for Market Analysis
2020-05-04T08:49:37.000+02:00
By launching the channel, the broker aims to provide more value to its clients.
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Exchanges
Federal Court Denies iSignthis Interlocutory Relief Against ASX
2020-04-30T11:04:53.000+02:00
The ASX has been allowed to publish its Statement of Reasons as to why it suspended iSignthis trading.
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Executive Moves
Exclusive: IC Markets Promotes Andrea Faleburle to Head of Marketing
2020-04-22T09:40:48.000+02:00
Faleburle has been with the Aussie broker since 2018, joining as Head of Digital Marketing.
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Exchanges
iSignthis Accuses ASX of Suspending Trading Based on Media Speculation
2020-04-17T06:45:45.000+02:00
In an interlocutory hearing, iSignthis argued that the ASX has unfairly suspended its shares.
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News
Australian ‘Unicorn’ Airwallex Secures $160 Million
2020-04-16T10:39:09.000+02:00
The company is aiming to expand in the US, Europe, and the Middle East.
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Regulation
Great Migration of Traders: Regulations Changed the Whole Industry in 2019
2020-03-27T20:47:12.000+02:00
The retail trading industry changed in 2019. Finance Magnates looks at what brought the biggest impact to the whole FX/CFD scene
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News
ASX Indefinitely Delays Launch of DLT Settlement System
2020-03-25T11:49:00.000+02:00
The test environment of the platform will be available to all users by October 2020.
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Regulation
ASIC: SocGen Securities Australia Breached Client Money Obligations
2020-03-18T08:06:01.000+02:00
The securities firm appeared in the Downing Centre Local Court in Sydney on criminal charges.
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Regulation
ASIC Fines AMP Capital for Derivative Transaction Reporting Breaches
2020-03-17T11:26:32.000+02:00
The regulator also fined AMP Life Limited, which offers life insurance.
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Brokers
Analysis: Rakuten Beats Australian Competition With Lower Trading Costs
2020-03-11T15:01:01.000+02:00
As the Australian FX industry becomes more challenging, brokers may have to focus on spreads
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Regulation
Australian FX Brokers Top AFCA's Complaints List
2020-03-09T14:38:42.000+02:00
Well-known brokers such as Plus500, CMC Markets, IG Group and more have also received complaints.
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Retail FX
Investment Trends: Women are Closing Investing Gap in Australia
2020-03-05T08:16:52.000+02:00
According to new research, more women than ever are investing to build their wealth.
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Analysis
Australian Market Growth Amidst Increasing Regulatory Scrutiny
2020-03-03T13:37:38.000+02:00
Can Australia's place as a leader in the global FX market continue?
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Brokers
Federal Court Sides with ASIC, Rules Against AGM Markets
2020-02-27T10:15:33.000+02:00
The Court found that AGM engaged in unconscionable conduct when providing OTC derivative products.
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Brokers
ASIC Cancels AFS License of Financial Options Pty Ltd
2020-02-25T10:16:38.000+02:00
The company’s license was suspended in August of 2019.
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