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Australia
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Australia
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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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Exchanges
Breaking: iSignthis Invests in NSX to Create Australia’s Version of Nasdaq
2020-02-20T05:01:31.000+02:00
The company has made a 12.96 per cent strategic investment in NSX Limited.
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Regulation
ASIC Places 6yr Ban on Former CEO of Spectrum Wealth Advisers
2020-02-11T10:22:46.000+02:00
The regulator has banned Mark Schroeder from providing financial services for six years.
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Regulation
Pepperstone CEO: ASIC’s Powers Will Stifle Innovation in Australia
2020-02-11T09:17:34.000+02:00
Tamas Szabo spoke in front of a government Committee, outlining his concerns on the regulations.
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Regulation
Aussies Lose $1.43 Million to Investment Scams in January 2020
2020-02-10T09:37:53.000+02:00
The amount lost last month has increased by almost 100% year-on-year.
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Regulation
Federal Court Rules in ASIC’s Favour Against One Tech Media Ltd
2020-02-07T10:59:32.000+02:00
The regulator accused One Tech Media Ltd of providing binary options trading without authorization.
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Brokers
AxiCorp Appeals ASIC’s Suspension of its AFS License
2020-02-03T10:34:02.000+02:00
The Administrative Appeals Tribunal has granted a stay of the suspension, pending final review.
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Brokers
Refinitiv Comes to Australia’s Aid, Pledges 100% of Brokerage Fees
2020-01-28T14:29:37.000+02:00
The company will donate three trading days worth of fees made on global AUD turnover.
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News
Aussie Crypto Exchange 'Independent Reserve' Expands to Singapore
2020-01-24T10:38:35.000+02:00
The exchange's CEO cited progressive regulation by the Monetary Authority of Singapore as part of the reason for the move.
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Regulation
Are ASIC’s Product Intervention Measures in Australia’s Best Interest?
2020-01-23T13:07:49.000+02:00
The CEO of Pepperstone has questioned whether ASIC is using its powers appropriately.
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Executive Moves
HSBC Names Kaber Mclean as Australian CEO
2020-01-23T12:38:38.000+02:00
Mclean will take on the position in March of this year.
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Brokers
BDSwiss to Donate Commissions to Australian Bushfire Cause
2020-01-16T12:02:57.000+02:00
More and more FX brokers are pledging their support to help the fight against the bushfires.
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Regulation
ACCC: Australians Lost $42.4m to Investment Scams in 2019
2020-01-13T10:40:41.000+02:00
As of September 2019, Aussies had lost around $33 million.
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Regulation
AFCA Announces Support for Compensation Scheme of Last Resort
2019-12-30T11:01:53.000+02:00
The scheme aims to bring confidence to the larger financial industry in Australia.
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Regulation
ASIC Cancels AFS Licence of KP International Group Australia
2019-12-19T09:33:43.000+02:00
The trading technology provider initially had its license suspended until September 2020.
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Regulation
ASIC Implements New Regulations for Wholesale Clients
2019-12-18T08:05:53.000+02:00
The regulator has excluded the ‘price and value test’ for issuers of CFDs.
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Thought Leaders
ACY Securities Acknowledged by The Salvation Army Hurstville Corp
2019-12-16T16:29:14.000+02:00
ACY Securities was acknowledged for its outstanding contribution as a business.
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Regulation
AFS Licence Applications with ASIC Fall in 2018-2019 Period
2019-12-16T10:25:40.000+02:00
Is Australia becoming a less attractive destination for financial firms?
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Regulation
ASIC Flags Three Unregulated FX Firms Including Fibonetix
2019-12-06T08:43:19.000+02:00
Fibonetix has previously been blacklisted by another financial regulator.
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News
Australian Police Seize $1 Million Worth Crypto in a Drug Bust
2019-12-04T12:09:04.000+02:00
27.5g of MDMA tablets and 27.5g of MDMA powder were also confiscated.
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Brokers
Exclusive: GO Markets Heads to Europe, Acquires Galactus Ltd
2019-12-02T07:57:13.000+02:00
Galactus Ltd is an investment firm which is based in Cyprus.
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Executive Moves
ACY Securities Appoints Alla Darwish as Head of Global Brokerage
2019-11-25T10:57:04.000+02:00
Darwish officially took on the new position last month.
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Regulation
Westpac Facing Civil Penalty Over Non-Compliance Issues
2019-11-20T09:53:44.000+02:00
AUSTRAC applied for civil penalty orders against the banking group following a series of lapses and oversights.
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Jeff Patterson
News
DigitalX Launches Bitcoin Fund, Targets Australian Investors
2019-11-13T13:20:11.000+02:00
The fund is seeded with 215 Bitcoins from the company’s holdings.
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Technology
PrimeXM & Global Prime Extend Partnership, Add TraderEvolution
2019-11-12T14:49:37.000+02:00
Global Prime is one of the first brokers to integrate TraderEvolution’s trading platform.
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Next
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