Australia
FOFA Bandwagon Takes Unexpected U-Turn as Advisors Brace for Compliance Quagmire
- With regulators in the process of reforming financial regulation worldwide, the Australian Senate gets involved by voting to repeal previous regulation designed to protect retail investors. Political games in economic circles.
Thursday, 20/11/2014 | 04:51 GMT by
George Tchetvertakov
DMM FX Is the First Broker to Sign up to Tradimo Play's New Mobile Game App
- The new game is at the intersection of gaming and education. It is aimed at inviting new people into the trading world so that they will want to open up a real trading account and start their trading careers.
Wednesday, 19/11/2014 | 08:02 GMT by
Avi Mizrahi
Australia and China Sign Historic Free Trade Agreement as Businesses Rejoice
- Australia has agreed to the closest trade ties with China compared to any other region aside from HK and Macau. With negotiations concluded, the agribusiness revenue frenzy can commence subject to Parliamentary and JSCOT approval.
Tuesday, 18/11/2014 | 05:24 GMT by
George Tchetvertakov
China-Australia Free Trade Deal Imminent as Global Summits Prepare to Take Centre Stage
- The APEC, East Asia and G20 Summits converge over the next 10 days with a host of trade and finance issues up for discussion. Meanwhile, APAC leaders China and Australia close in on a lucrative free-trade agreement.
Monday, 10/11/2014 | 10:06 GMT by
George Tchetvertakov
RBA Expects Subdued Economic Conditions and Wariness of Monetary Policy Effects in the APAC Region
- The Reserve Bank of Australia says the nation's economy is set to remain subdued and warns Japan's monetary policy could spur flows that support the Aussie dollar.
Friday, 07/11/2014 | 06:18 GMT by
George Tchetvertakov
Australian authorities may auction off $8 million in bitcoins confiscated from Silk Road drug dealer
Sunday, 02/11/2014 | 19:00 GMT by
Leon Pick
OANDA Targets Chinese in Australasia via Strategic Partnership with an Education Provider
- OANDA Australia will be utilising ACY FX’s Chinese language resources to provide professional education services, including FX workshops, FX market analysis, live market updates and one-on-one training.
Thursday, 30/10/2014 | 08:23 GMT by
Avi Mizrahi
ANZ Gaffe Leads to Trading Halt at the Australian Stock Exchange
- Trading in the shares of Australia's third largest bank has now resumed, but yesterday's halt underlines the fragility of financial information given such small margins of perception in terms of investor confidence.
Tuesday, 28/10/2014 | 07:55 GMT by
George Tchetvertakov
Who Partnered with Arsenal and Which Broker's Revenue Soared? Read Our Best Stories of the Week
- Forex Magnates spotlights the recent global industry’s news you must know all about, from changes undergoing at Australian brokers to regulators joining forces to offer a dual gambling/financial licence and more.
Sunday, 26/10/2014 | 10:54 GMT by
Avi Mizrahi
Breaking: DMM FX Australia Adopts "Ultra-Low Fixed Spreads" on All Trading Pairs
- The move raises the question: did FXCM start a new price war between brokers in Australia last week when it switched to a raw spreads model and how low can profits go if brokers will be forced to compete on spreads?
Wednesday, 22/10/2014 | 16:21 GMT by
Avi Mizrahi
ANZ Adds Managing Director, Mark Whelan To its Board
- 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.
Monday, 20/10/2014 | 12:53 GMT by
Jeff Patterson
Invast Financial Services Adds Kushla Hall as Director of Operations
- 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.
Friday, 17/10/2014 | 07:32 GMT by
Jeff Patterson
Australia to perform final evaluation of bitcoin for tax purposes, ADCCA chairman hopes for "correction" to guidelines
Thursday, 02/10/2014 | 16:21 GMT by
Leon Pick
Which Broker Cut Spreads and Whose Shares Dropped? Read Our Best Stories of the Week
- 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.
Sunday, 28/09/2014 | 16:01 GMT by
Avi Mizrahi
OANDA Joins with Australian CFD Forum in Bid to Promote Transparency
- 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.
Thursday, 25/09/2014 | 13:32 GMT by
Jeff Patterson
Analysis: Australian Binary Options Industry Looking for Quality Rather than Quantity
- 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.
Wednesday, 24/09/2014 | 23:45 GMT by
George Tchetvertakov
Japanese DMM Securities Group Launches New FX Website in Australia
- 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.
Wednesday, 27/08/2014 | 07:39 GMT by
Avi Mizrahi
Bitcoin Picks: US Judge Rules Bitcoin as Money, Google Analytics Styled Blockchain Unveiled
- 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.
Saturday, 23/08/2014 | 05:01 GMT by
Jeff Patterson
LCH.Clearnet Names Marcus Robinson as Head of SwapClear in Australia
- 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.
Wednesday, 20/08/2014 | 16:55 GMT by
Jeff Patterson
Australian Taxation Office decides Bitcoin is not a currency
Wednesday, 20/08/2014 | 11:07 GMT by
Leon Pick
High-Calibre Infrastructure Is Spearheading Mobile Trading Growth in the APAC Region
- 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.
Tuesday, 19/08/2014 | 07:44 GMT by
George Tchetvertakov
Got a Tip from a Friend on a CFD? In Australia It Can Cost You a Huge Fine and Jail Time
- 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.
Tuesday, 12/08/2014 | 10:35 GMT by
Avi Mizrahi
Athol Nourse Appointed As General Manager at Think Forex
- 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.
Sunday, 10/08/2014 | 18:44 GMT by
Jeff Patterson
Northern Trust Names Peter Jordan As Head of GFS - APAC
- 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.
Friday, 08/08/2014 | 15:47 GMT by
Jeff Patterson
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