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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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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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News
Multiple Australian Regulators Team Up to Oppose the Launch of Libra
2019-11-06T11:18:47.000+02:00
Apart from the usual concerns, the regulators are worried about the rise of scams using the digital currency.
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News
Independent Reserve Adds AutoTrader Feature for Crypto Purchases
2019-11-04T15:14:05.000+02:00
Initially, only AutoBuy is added, but the exchange has plans to add more features.
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Regulation
ASIC Pursued Justification for CFD Product Intervention
2019-10-29T11:38:08.000+02:00
The regulator sought justification for the measures, but the results were not “statistically significant.”
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Regulation
ASIC Reports "High Incidence" of CFD Broker Misconduct
2019-10-17T13:10:52.000+02:00
The Aussie regulator made the comments in its recently published annual report
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Technology
VivCourt Extends Use of Itiviti Technology to Support Expansion
2019-10-15T08:34:28.000+02:00
The Australian investment firm is expanding into China, Brazil, and EMEA.
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Brokers
Admiral Markets Launches Australian CFD and Stock Trading
2019-10-14T19:16:38.000+02:00
Clients can trade the CFDs via MetaTrader 5.
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News
InfiniGold Launches Crypto Backed with Government-Guaranteed Gold
2019-10-11T09:10:07.000+02:00
The gold backing InifiniGold's Perth Mint Gold Token (PMGT) is guaranteed by the government of Western Australia.
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Rachel McIntosh
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Regulation
ACCC: Australians Have Lost $33M to Investment Scams in 2019
2019-10-10T11:49:04.000+02:00
As of September, Aussie investors have lost 16.4 percent more than they did in all of 2018.
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Brokers
FXCM Allows Chinese Clients to Transfer Accounts Out of Australia
2019-10-03T17:52:55.000+02:00
The broker is planning on moving its customers to a subsidiary in the Bahamas
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Brokers
Australian Federal Court Sides with ASIC Against Broker Gallop
2019-09-19T11:34:14.000+02:00
The proposed civil penalty against former director Ming-Chien Wang will be the highest in an ASIC proceeding.
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Executive Moves
Invast Global Recruits Former Wallaby Rod Kafer as a Director
2019-09-11T08:03:22.000+02:00
Kafer has joined the company as a Director of Prime Services.
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Regulation
AUSTRAC Fines Compass Global Holdings $173,000
2019-09-10T11:30:41.000+02:00
The agency issued the infringement notice to the company for failing to report international funds transfers.
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ACY Securities Names Ashley Jessen as its Head of Marketing
2019-09-06T14:17:29.000+02:00
Jessen will lead the company’s marketing efforts, while Justin Pooni will take care of communications.
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Executive Moves
KoreConX Recruits Paul Niederer to Join Australia Team
2019-09-05T15:35:55.000+02:00
Niederer will lead the expansion of the company’s platform in Australia.
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Brokers
Three Former ASIC Regulated FX Firms Owe AFCA $837,800
2019-09-02T09:52:07.000+02:00
AGM Markets, Direct FX Trading and Berndale Capital Securities have been called out by the authority.
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Regulation
AFCA Welcomes ASIC Product Intervention Powers
2019-08-27T10:43:30.000+02:00
The dispute resolution agency says the powers will lead to better protection for consumers
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Brokers
IG Group and CMC Markets Weigh in on ASIC CFDs
2019-08-22T15:05:05.000+02:00
The statements elaborate on wholesale clients reclassification and the length of product intervention
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Brokers
Match and Raise: Why ASIC Overshot ESMA's CFDs Product Intervention
2019-08-22T12:00:31.000+02:00
The full list of what are ASIC’s product intervention measures and why are they coming
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News
Gemini Expands International Presence, Taps into Australian Market
2019-08-22T08:42:20.000+02:00
The exchange is now offering its services in seven countries including the US.
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Brokers
eToro Plans Australia Launch, Taps Sefiani for Communications
2019-08-20T08:15:55.000+02:00
Sefiani will help the trading platform build its brand awareness in the country.
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