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Executive Moves
ANZ Adds Managing Director, Mark Whelan To its Board
2014-10-20T14:53:05.000+02:00
ANZ has announced that it has appointed Mark Whelan to its Board, broadening his role as its acting Managing Director, Global Commercial Banking in a bid to help foster continued growth in Australia.
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Executive Moves
Invast Financial Services Adds Kushla Hall as Director of Operations
2014-10-17T09:32:45.000+02:00
Invast Financial Services has opted to expand its local management team, enlisting the services of Kushla Hall as its Director of Operations, following nearly three decades of operational experience across financial markets.
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News
Australia to perform final evaluation of bitcoin for tax purposes, ADCCA chairman hopes for "correction" to guidelines
2014-10-02T18:21:08.000+02:00
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Analysis
Which Broker Cut Spreads and Whose Shares Dropped? Read Our Best Stories of the Week
2014-09-28T18:01:22.000+02:00
Forex Magnates brings you the highlights of the trading industry with trends every player should know about. This week on the agenda are some of the major brokers, and an in-depth look of Binary Option in Australia.
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Regulation
OANDA Joins with Australian CFD Forum in Bid to Promote Transparency
2014-09-25T15:32:08.000+02:00
OANDA, a global provider of FX and contract for difference (CFD) instruments, has announced its inclusion into the Australian CFD Forum, part of an initiative to fortify its regulatory standards.
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Analysis
Analysis: Australian Binary Options Industry Looking for Quality Rather than Quantity
2014-09-25T01:45:34.000+02:00
Binary Options are gaining popularity, clients and criticism in equal measure. Forex Magnates provides a snapshot of the growing industry in Australia, outlining its major players and regulatory challenges.
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Analysis
Japanese DMM Securities Group Launches New FX Website in Australia
2014-08-27T09:39:13.000+02:00
Less than a year after the original officially launch of DMM FX Australia, the ASIC regulated subsidiary of the world’s second largest retail broker by volume, Japanese DMM Securities, a new website launched today.
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Bitcoin Picks: US Judge Rules Bitcoin as Money, Google Analytics Styled Blockchain Unveiled
2014-08-23T07:01:51.000+02:00
Several developments transpired this week in the world of Bitcoin, including the ruling by US Judge ruling that Bitcoin is money – meanwhile, a BitLicense proposal was penned by China’s big 3 crypto exchanges.
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Executive Moves
LCH.Clearnet Names Marcus Robinson as Head of SwapClear in Australia
2014-08-20T18:55:35.000+02:00
Global clearinghouse LCH.Clearnet has announced that Marcus Robinson has been named as the newest Head of SwapClear in Australia, part of a broad-based initiative to foster demand for interest rate derivatives (IRD) solutions.
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News
Australian Taxation Office decides Bitcoin is not a currency
2014-08-20T13:07:31.000+02:00
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Analysis
High-Calibre Infrastructure Is Spearheading Mobile Trading Growth in the APAC Region
2014-08-19T09:44:33.000+02:00
Trading via mobile devices is growing, and according to a study surveying the APAC outnumbers PC trading in the region. Both brokers and traders stand to gain from this shift as mobiles become faster and stronger.
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Analysis
Got a Tip from a Friend on a CFD? In Australia It Can Cost You a Huge Fine and Jail Time
2014-08-12T12:35:54.000+02:00
The Australian Securities & Investment Commission took a CFD investor to court for insider trading charges. He may face years of Jail time and a massive fine in hundreds of thousands of for only $25,000 in profits.
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Executive Moves
Athol Nourse Appointed As General Manager at Think Forex
2014-08-10T20:44:14.000+02:00
Longtime FX Veteran Athol Nourse, has been named General Manager at Melhourne-based Think Forex, following a series of highly successful stints at leading brokers in the Australia-Pacific (APAC) region.
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Executive Moves
Northern Trust Names Peter Jordan As Head of GFS - APAC
2014-08-08T17:47:14.000+02:00
Multi-asset wealth firm, Northern Trust Corp, has installed Peter Jordan as newest Head of its Global Fund Services (GFS) for the Asia-Pacific (APAC) region succeeding Camie West, who is relocating to the United States.
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Brokers
AvaTrade Acquires Australian Customer Book of YouTradeFX
2014-07-30T12:59:07.000+02:00
AvaTrade has confirmed that its Australian subsidiary, Ava Capital Markets Australia Pty Ltd. has acquired the Australian customer book of YouTradeFX.
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News
Bitcoin ATM in New Zealand shut down down after operator rejected for banking services
2014-07-29T18:17:41.000+02:00
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Technology
Renminbi Internationalisation Embraced by the Reserve Bank of Australia
2014-07-23T23:16:21.000+02:00
An official Chinese yuan clearing bank likely to be designated in the coming months, following London, Frankfurt, Paris, Luxembourg and Seoul and paving the way to China's onshore interbank CNY payments system.
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Innovation
Bitcoin ATM with fingerprint reader and eye scanner launched in Canberra
2014-07-21T18:03:36.000+02:00
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Executive Moves
State Street Corp Reshuffles Its APAC Division
2014-07-21T16:58:30.000+02:00
Financial services provider, State Street Corp, has appointed former Citi-Executive Kevin Wong as its Head of Sector Solutions for APAC region, replacing Chris Taylor who is being promoted internally.
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Payments
Visa re-launches V.me, now called Visa Checkout
2014-07-17T11:48:05.000+02:00
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Executive Moves
Mary MacLeod Named International and Institutional Banking CFO at ANZ
2014-07-16T17:33:14.000+02:00
The Australia and New Zealand Banking Group (ANZ) has appointed Mary MacLeod as its newest CFO for its International and Institutional Banking Division, following a lengthy tenure in the APAC region.
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Brokers
Leverate Strengthens Foothold in Australia as IC Markets Launches Sirix Platform
2014-07-15T14:06:52.000+02:00
After Pepperstone adopted the Sirix web platform in August 2013, Leverate now partners with another australian broker, IC Markets to offer the MetaTrader4-compatible trading solution to Australian clients.
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Brokers
GO Markets Latest Broker to Launch Binary Options, Taps TradeToolsFX for Technology
2014-07-09T19:38:28.000+02:00
GO Markets became the latest retail forex broker to begin to launch binary options trading to its clients. Soft launched to some clients last month, the product has been fully rolled out to their customer base today.
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Analysis
Facing Upcoming Media Onslaught, Australian Financial Watchdog Barks Back
2014-07-08T12:09:46.000+02:00
After a Senate inquiry had already called for an investigation into the Australian Securities and Investments Commission performance, for its part in a bank scandal, the Commissioner lashes out at the press.
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Executive Moves
Goldman Sachs Appoints Nell Hutton to Head Its Fixed-Income & Currency Sales
2014-07-02T16:27:59.000+02:00
Goldman Sachs Group has tapped Nell Hutton to oversee its fixed-income and currency and commodity sales for the Australian and New Zealand region, part of a growing initiative to target growth in the antipodes.
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