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Australia
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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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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
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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David Kimberley
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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Next
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