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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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Executive Moves
OANDA Taps Ex-CEO of Admiral Markets Australia as Sydney MD
2016-03-09T10:41:45.000+02:00
Stephen Andrews becomes managing director for the Sydney office and is joined by two new directors in sales and education roles.
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Brokers
Pepperstone Gets Majority Stake Investment from CHAMP Private Equity Firm
2016-03-03T22:13:16.000+02:00
A long time coming, Pepperstone gets a strategic hand from a leading private equity firm and aims to expand its locations and grow
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Products
Sneak Peak: PsyQuation Believes “Less is More” on the Path to Trading Success
2016-03-03T11:43:12.000+02:00
Aiming to improve broker retention through more profitable traders is PsyQuation and its "journey" for becoming better traders.
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Executive Moves
IG Promotes James Perry-Keene to Head of IG in China
2016-02-29T11:13:52.000+02:00
After 5 years as Head of Institutional Sales at IG Australia, the shift aims to help lead the company's efforts in a key market within Asia.
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News
Australia Promotes Local Fintech Industry to Asia Through New Initiative
2016-02-28T16:35:04.000+02:00
With a growing fintech eco-system in Asutralia being developed by Stone & Chalk, the government is pitching in funds to boost Asian growth.
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Regulation
Australian Watchdog Confirms Voluntary Suspension of FXTG's Licence
2016-02-10T11:12:48.000+02:00
As first reported by Finance Magnates, the owner of FXTG requested ASIC to suspend the licence in order to focus on restructuring the brand.
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Brokers
FXTG Reportedly Under Investigation by Australian Watchdog
2016-02-08T20:50:29.000+02:00
UPDATE: The current owner of FXTG Stavro D'Amore explained that the newspaper report is false as Talmor is no longer linked with the firm.
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Exchanges
ASX’s Sees Capital Exodus in January, Underpinned by Market Weakness
2016-02-03T13:47:10.000+02:00
The ASX saw its capital raising virtually come to a standstill in January, as reflected by a -96.6% MoM decrease in incoming capital.
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Blogs
Don’t Be Duped By the Stocks of Australian Banks
2016-01-20T23:34:41.000+02:00
Another in-depth analysis by Vassil Nikolov, this time focused on Australia and its big four banks.
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Regulation
New Zealand FMA Joins ASIC in Warning against Banc De Binary
2016-01-20T09:52:26.000+02:00
Cyprus headquartered Banc de Binary is facing resistance from regulators in Australia and New Zealand.
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Victor Golovtchenko
Exchanges
ASX Rebounds With Strong Capital Gains in December 2015, Futures Improve Performance
2016-01-07T12:06:59.000+02:00
The ASX raised a total of $8.7 billion in total capital during December 2015, compared to $7.9 billion in November, or 10.1% MoM.
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Regulation
IronFX AU Ordered to Change Disclosure by Australian Watchdog
2015-12-17T10:02:03.000+02:00
ASIC wants clients to know the credit risk posed to them by IronFX Australia hedging all transactions with its Cyprus parent only.
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News
Report: 'Satoshi' Tried to Buy Gold, Software from Arrested Businessman
2015-12-14T12:15:35.000+02:00
Craig Steven Wright reportedly attempted to buy $84 million worth of gold and software with his bitcoins in 2013.
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Bloggers
The State of Bitcoin Regulation in Australia
2015-12-10T18:52:02.000+02:00
The Australian Senate’s Economics References Committee released a report which effectively summaries the current regulatory framework.
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News
Alleged Satoshi Had Run-ins with the Law, Business Insolvent
2015-12-10T11:42:20.000+02:00
The latest candidate for Bitcoin's pseudonymous creator, Craig Steven Wright, has reportedly been in trouble with the law in the past.
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Investing
First State Super, H2 Ventures Set Up Investment Fund for Fintech Startups
2015-12-08T15:30:03.000+02:00
The pension fund and the venture capital firm are allocating millions of dollars for fintech innovation.
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Brokers
Exclusive: Go Markets Group UK Owner Named by SEC amid IPO Attempt
2015-12-08T12:30:17.000+02:00
Stephen B. Wheatley, who was allegedly involved in a pump and dump scheme in the US, appeared in Go Markets Group's presentation to investors. The proposal to list on the NSX "may be abandoned", but the group "does not expect the brand to be affected".
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Innovation
Commonwealth Bank of Australia Builds a Blockchain, Westpac Hosts Challenge
2015-12-06T23:54:08.000+02:00
Two of Australia's big four banks are bringing their blockchain ambitions closer to reality.
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Exchanges
ASX Shows Uneven Performance in November 2015, Futures Again Rise
2015-12-03T12:58:26.000+02:00
The ASX raised a total of just $7.9 billion in total capital during November 2015, compared to $11.8 billion in October, or -33.1% MoM.
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Investing
Australian Tyro Gets $72.5 Million in Fresh Funding
2015-12-03T10:12:45.000+02:00
The payments processing provider is venturing into the banking industry with a comfortable cash cushion.
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Blogs
Catch 22 - How ASIC's Product Intervention Power Can Stifle Innovation
2015-12-02T16:33:56.000+02:00
This is yet another example of the Australian government’s crackdown on the FX industry as a whole.
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Blogs
The Australian Government's Response to the Failed Playtech-Plus500 Deal
2015-11-30T17:54:21.000+02:00
An expansion of the ASIC’s power has the ability to affect the margin FX and OTC derivative industry in Australia quite substantially.
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Blogs
Australia: December 4 Reporting Deadline Looming - Are You Ready?
2015-11-25T12:24:17.000+02:00
Some Australian issuers of OTC derivatives will need to report for the first time their reportable transactions and reportable positions.
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Blogs
Chinese Investment and AML/CTF Obligations
2015-11-17T16:39:20.000+02:00
Given the large volume of clients and funds being received from China, Australian FX and CFD brokers should take heed of this AUSTRAC statement.
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Brokers
DMM Australia Terminates Binary Options Brand After Just One Year
2015-11-16T12:52:04.000+02:00
The firm states its reason is to focus on its forex offering, however the tightening regulatory environment might have also played a role.
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Next
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