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Australia
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Australia
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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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News
Australian Fintech Sector Calls for Reform
2015-11-12T17:17:00.000+02:00
Startups and innovation hubs insist that the country could become a regional leader in this industry with a little government help
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Brokers
OzForex Books Record Revenues H1 2015/16
2015-11-10T11:13:30.000+02:00
The Australian forex broker is eyeing further global expansion with the launch of a new brand by the end of its financial year.
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Regulation
Australian Watchdog Fines XForex for Misleading Advertising
2015-11-03T08:46:00.000+02:00
The payment of the infringement notices penalties is not an admission of a contravention of the ASIC Act consumer protection provisions.
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News
Bitcoin Group Extends IPO Period, Debut on ASX Delayed Until Dec 11
2015-10-30T21:50:42.000+02:00
Bitcoin Group, whose shares are slated to debut on the Australian Securities Exchange, has pushed back their listing date to December 11.
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Blogs
ASIC to Sharpen Teeth with Further Regulatory Powers
2015-10-29T11:44:39.000+02:00
The recommendations will be applied after 2016, and include one that will affect the margin FX and OTC derivative industry quite substantially.
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Execution
Object Trading Links into ASX’s Data Center for Colocation Needs
2015-10-28T12:54:38.000+02:00
Object Trading has selected the ASX for its connectivity needs in a bid to fortify its managed software and client gateways capabilities.
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Regulation
HFT in Australia Jumps by 130%, Not a Risk Determines Watchdog
2015-10-26T10:53:40.000+02:00
The Australian Securities and Investments Commission published the results of its high-frequency trading and dark liquidity study.
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Brokers
MXT Global to Become Vantage Prime, Retail Accounts Migrated to VantageFX
2015-10-26T10:04:46.000+02:00
MXT Global and VantageFX enter the institutional FX space with the launch of Vantage Prime to offer liquidity and white label solutions.
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News
Bitcoin Group Issues Corrective Statements on Financials, PM Investment
2015-10-21T19:25:46.000+02:00
Bitcoin Group, an Australia-based Bitcoin company slated for IPO next month, has issued a number of corrective statements to investors.
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News
Australia's Competition Watchdog Investigates Bitcoin Bank Account Closures
2015-10-19T18:42:51.000+02:00
Australia's banks are being investigated by the Australian competition watchdog following the recent account closures of Bitcoin businesses.
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Brokers
Financial Watchdogs Reshape Face of Retail Forex Industry Worldwide
2015-10-18T12:03:39.000+02:00
IG Group, TradeKing, Saxo Bank, Exness and ACM Gold all appear in the passing week's top articles.
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Regulation
Australian Watchdog Revokes NZGFT License for Deceptive Claims
2015-10-15T15:27:22.000+02:00
Its Chinese website promoted "Guaranteed Capital with Bonus Scheme" plan and that "Expert Advisors masters can get $1 million US dollar".
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Blogs
Australia - Deadline for Phase 3B OTC Derivatives Issuers Moved to 4 December 2015
2015-10-08T18:25:25.000+02:00
ASIC moved the trade reporting obligations by 2 months. Read the latest on this matter and prepare yourself for the new deadline.
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Blogs
Australia – October 12 Reporting Deadline Looming - Are You Ready?
2015-10-07T13:20:57.000+02:00
What information or data needs to be reported for the ASICs October 12th deadline? Read what reporting requirements are expected.
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Blogs
Australia – October 12 Reporting Deadline Looming - Are You Worried About Providing Sensitive Data?
2015-10-02T12:35:26.000+02:00
There are a large number of data items required to be reported, which has led to some concerns about the sensitivity of said data. Single-sided reporting relief may operate to ameliorate some of those concerns.
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