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Australia
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News
Australian Regulator Wants to Monitor How Firms Use Blockchain Technology
2017-03-20T11:31:40.000+02:00
ASIC: a blockchain needs to accommodate scenarios where the law doesn't permit enforcement of a contract by its own terms.
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Brokers
Tradency MirrorTrader to Become Available to Pepperstone's Clients
2017-03-15T17:08:24.000+02:00
The mirror trading platform of one of the pioneers in the industry signs a major partnership.
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Prime Brokerage
Westpac and ANZ Become Entrenched in FX Conduct Scandal
2017-03-15T12:49:58.000+02:00
The Australian financial regulator has accepted from the banks enforceable undertakings totaling AUD 6 million.
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Regulation
Credit Suisse Slapped with $170,000 Penalty for Automated Lapses
2017-03-15T11:44:44.000+02:00
Credit Suisse Limited paid $170,000 following an infringement notice from ASIC.
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Brokers
Australian FX Industry Grows 4% in 2016: Investment Trends Study
2017-03-09T02:20:41.000+02:00
IG retains top spot in market share, followed by CMC Markets, FXCM, AxiTrader and Pepperstone.
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Executive Moves
AxiomSL Taps Andrew Wood as Country Manager for Australia
2017-02-21T12:07:55.000+02:00
Andrew Wood joins AxiomSL as the company looks to expand its footprint in Australia and APAC.
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Executive Moves
ANZ Appoints Lynwen Connick, Mike Rider to New Senior Roles
2017-02-13T11:48:22.000+02:00
Lynwen Connick and Mike Rider will help ANZ strengthen its digital and cybersecurity agenda.
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Jeff Patterson
Blogs
Australian Government Moves Quickly to Implement Client Money Reforms
2017-02-10T08:34:59.000+02:00
A number of new client money reforms are quickly being introduced to the OTC derivatives market in Australia.
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Guest Contributors Institutional
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Brokers
Blueberry Markets Enhances Client Offerings with TraderMade’s FX Navigator
2017-02-01T15:57:35.000+02:00
The charting tool and technical analysis workstation is used by the largest asset managers and central banks.
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Finance Magnates Staff
Blogs
The Rise and Growth of Australian Non-Bank FX Providers
2017-01-30T17:23:31.000+02:00
On a global scale, non-bank FX providers are currently failing to make a dent in a lucrative market.
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Regulation
ASIC Consults on Consolidation of ASIC Market Integrity Rules
2017-01-24T13:55:16.000+02:00
The Australian regulator is proposing the streamlining of its rule books in order to clarify regulations and reduce red tape.
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Bloggers
ASIC Continues to Encourage Fintech Regulation in Australia
2017-01-18T17:57:07.000+02:00
ASIC has identified three main issues restricting fintech firms.
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Blogs
Is the Australian CFD and FX Industry Due for Consolidation?
2017-01-17T11:22:51.000+02:00
The implications of upcoming regulations for the FX and CFD industry cannot be underestimated in Australia.
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Regulation
ASIC Imposes $40,000 Infringement Notice Penalty on Pershing Securities
2017-01-16T10:48:46.000+02:00
Pershing failed to comply with the ASIC’s rules relating to the use of appropriate automated filters for its AOP systems.
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Blogs
Foreign FSPs Facing Minimal Barriers in Australia
2017-01-12T11:49:20.000+02:00
ASIC continues to allow foreign FSPs to provide financial services to Australian Wholesale Clients with minimal barriers.
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Regulation
Australian Watchdog ASIC Warns of Scam Emails
2017-01-11T10:16:18.000+02:00
A warning has been issued about scam emails which are supposedly from ASIC but are fake.
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Regulation
ASIC Reports on September ASX Equity Market Outage
2016-12-21T15:18:13.000+02:00
ASIC findings following the recent ASX outage provide observations and recommendations to assist more confident trading.
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Blogs
Sinking Ship: AUD Failing to Hold its Ground
2016-12-19T17:50:30.000+02:00
With the year rapidly winding down, the AUD's fortunes will be linked to several key data releases this week.
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Dwayne Buzzell
Regulation
ASIC Charges GAIN Capital Employee for Dishonestly Using his Position
2016-12-15T12:10:42.000+02:00
The charges relate to orders placed by Shun Yuen Ken Li with the intention of gaining an advantage for clients.
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News
ASIC Releases World-First Licensing Exemption for Fintech Firms
2016-12-15T11:24:07.000+02:00
The exemption will allow eligible businesses to test services without the need for an AFS or credit licence.
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Regulation
ASIC Flags Two Brokers Amid Unauthorised Soliciting and Misconduct Concerns
2016-12-09T09:05:27.000+02:00
The watchdog has warned of RockSmith Options and put OpenMarkets Australia under its watchful eye.
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Brokers
Shifting FX, CFD Segregation Laws in Australia Garner OANDA Endorsement
2016-12-09T00:11:40.000+02:00
OANDA supports a number of new efforts in Australia that regulate FX and CFDs.
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Jeff Patterson
Executive Moves
Synergy FX Expands Australian Team with New Head of FX
2016-12-07T11:54:32.000+02:00
Daniel Bent brings to the company 17 years experience in the financial markets and will focus on its expansion.
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Brokers
Exclusive: Plus500 Seals Sponsorship Deal with “Brumbies” Australian Rugby Union Team
2016-12-05T10:49:15.000+02:00
The brokerage has secured a deal to become the Brumbies official sponsor for the 2017/18 season.
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Brokers
IC Markets Reports Record Month of Trading Volumes in November
2016-12-01T09:05:46.000+02:00
The positive results were fuelled by strong domestic growth and an uptick in volatility.
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