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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Australia
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Regulation
FXCM Joins the Australian CFD Forum Call to Require Mandatory Segregation of Client Funds
2014-06-01T21:45:56.000+02:00
IG Markets, GFT Global Markets and CMC Markets created the Australian CFD Forum to petition the regulator to apply harsher consumer protection laws on brokers. AxiTrader protest the law as anti-competitive.
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Payments
Westpac NZ to offer Direct From Account payment alternative
2014-06-01T12:54:16.000+02:00
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Products
CQG Partners with Direct FX, Enters Forex Realm with Quantic Money Manager Challenge
2014-05-29T20:59:34.000+02:00
CQG has ventured into the Forex space with a partnership today announced with Australia-based forex broker Direct FX Trading Pty. Ltd., resulting in the offering of CQG FX platform in the latest FX synergy.
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Brokers
OzForex FY2014 Net Profit after Tax $20.1M, 8.1% Ahead of Forecast, Revenues +40% YoY
2014-05-28T14:02:43.000+02:00
Australia-based publicly listed FX broker which operates its Travelex branded international payments platform, and Forex business lines, among other divisions, reported metrics for the 12 months ending March 31, 2014.
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Analysis
Invast Releases myST24 Platform from Australia Office, Offering Trading Signals
2014-05-20T10:24:45.000+02:00
ASIC-regulated Invast Financial Services Pty Ltd, the Australia-based entity for the brand behind the Japan-headquartered operator, has today released its myST24 platform for the first time outside of Japan.
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Brokers
Invast Introduces Revamped Website Complete with New Interactive Tools
2014-05-19T09:59:12.000+02:00
Invast, a leading global brokerage firm specializing in multiple asset-classes, has recently launched a newly redesigned website, complete with mobile upgrades and a variety of new educational functions for users.
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Brokers
OANDA Officially Opens Its Australian Office, Targets Doubling of Market Share in 2014
2014-05-14T08:33:21.000+02:00
OANDA has ambitiously set on a course to expand in the vastly populated Australian forex market, by launching officially its physical office, headed by Managing Director Louis Cooper coming from CMC Markets.
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Regulation
ABS Staffer Leaked Data to NAB AUD/USD Trader, Both Nabbed for Insider Trading
2014-05-09T11:35:46.000+02:00
A junior officer at the Australian Bureau of Statistics (ABS) allegedly gave data to a National Australia Bank (NAB) trader, enabling insider trading that exploited a $7M profit, and got both men arrested today.
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News
First-Ever Australian Bitcoin Fund Launches In Bid To Attract Global Investment
2014-05-06T10:50:39.000+02:00
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News
Reserve Bank of Australia Releases Bitcoin Document
2014-04-30T12:29:33.000+02:00
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Payments
PR: GlobalCollect to facilitate payments for new Aussie media streaming service
2014-04-30T11:39:21.000+02:00
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Regulation
ASIC Mandate Necessitates DTCC Extension of Trade Reporting Service
2014-04-29T15:29:33.000+02:00
The Depository Trust & Clearing Corporation (DTCC) has launched an extended Global Trade Repository (GTR) service to market participants for OTC derivatives, with provisions for further asset-class expansion.
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Brokers
Director Of Sonray Capital Markets Sentenced to Six and a Half Years Jail After $46M Collapse
2014-04-17T08:59:24.000+02:00
The former sole director of the Saxo Bank introducing brokerage, Russell Johnson was sent to Jail for his part in the collapse of Sonray including false accounting, theft, deception and conspiracy to steal.
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Execution
ICAP Integrates AUD Into Its i-Swap Platform, Targeting Asian Clientele
2014-04-14T11:01:09.000+02:00
ICAP, a leading interdealer brokerage and provider of a variety of financial and information services, has announced the launch of the Australian Dollar (AUD) on its i-Swap platform in Australia.
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Regulation
Officials From Leading Central Banks Gather In Sydney To Address FX Allegations
2014-04-10T19:26:49.000+02:00
A panel of senior fx officials constituting some of the leading central banks will meet in Sydney Friday for an annual meeting, whose focus will likely entail a string of probes alleging charges of fx collusion.
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Regulation
Australian Watchdog Set To Sharpen Its Teeth: Submits Reforms Recommendations
2014-04-08T17:55:12.000+02:00
ASIC calls for extending its reach and toughening its penalties. The Australian regulator is petitioning the government for the ability to set heavier fines and longer jail terms in non-criminal proceedings.
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Payments
Forex Broker OANDA partners with World-First for new international payment system
2014-04-02T10:36:18.000+02:00
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Executive Moves
OANDA Tabs Gavin Ward And Louis Cooper to Head Greater China
2014-04-02T02:01:27.000+02:00
OANDA, a leading broker specializing in fx trading services has announced the appointments of Gavin Ward as the new Head of Greater China
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Exchanges
HKEx Initiates after-Hours RMB Currency Futures Amidst Popular Demand
2014-03-31T14:29:08.000+02:00
The Hong Kong Futures Exchange Limited, a subsidiary of the Hong Kong Exchanges and Clearing Limited (HKEx), has instituted an offering of after-hours RMB Currency Futures, slated to begin April 7.
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Regulation
NZ Regulatory Body Launches Forex Probe as Scope of Allegations Widens
2014-03-31T08:46:04.000+02:00
The widening scope of a global forex investigation has now extended to New Zealand, as the country’s Commerce Commission has announced the launch of a probe into the manipulation of currency rates.
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Exchanges
SWIFT Tracking Sees RMB Exposure Surge 248% YoY across Aussie FX and Investments
2014-03-26T18:22:50.000+02:00
SWIFT's currency tracking has announced that Chinese Renminbi (RMB) payments value for the month ending February 2014 exploded 248% YoY as fx activities continue to drive the currency's exposure in Australia.
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Payments
Australian Competition and Consumer Commission warns merchants to comply to regulations
2014-03-25T16:09:59.000+02:00
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Payments
Report predicts mobile wallets to take over by 2021
2014-03-23T18:12:03.000+02:00
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Regulation
ASIC Launches Investigation into Aussie Markets over Forex Manipulation
2014-03-19T13:09:20.000+02:00
The list of global regulators investigating the manipulation of fx rates in a $5.3 trillion-dollar-a-day industry has continued, with recent news of ASIC joining the probe in examining Australian markets.
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Brokers
MXT Global Initiates USD/CNY and Commodity Offerings Amid Widespread Interest
2014-03-10T09:19:28.000+02:00
MXT Global, a provider of forex trading technology and financial services in Australia, has announced the inclusion of the USD/CNY to its currency suite following accumulated demand from its clientele.
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