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News
AFG Announces Acquisition of Fintelligence for $52.2 Million
The Group has acquired a 75% stake in the company.
Tuesday, 30/11/2021 | 10:28 GMT
by
Bilal Jafar
Regulation
ASIC Imposes Additional License Conditions on ASX
The conditions will ensure no outages of the trading platform due to future upgrades.
Wednesday, 24/11/2021 | 07:36 GMT
by
Arnab Shome
Executive Moves
Saxo Expands Australian Team with Jessica Amir and David Harvie
Jessica Amir joined as Saxo’s Australian Market Strategist while David Harvie has been selected as Country Head of Direct Sales.
Monday, 22/11/2021 | 10:22 GMT
by
Bilal Jafar
Thought Leaders
FP Markets Recognized as Best FX Broker: Australia
FP Markets has a long history of being at the forefront of Australian brokers.
Friday, 19/11/2021 | 10:28 GMT
by
Finance Magnates Staff
News
ASX’s DLT as a Service Platform Is Production Ready
The rollout of the platform might happen in the coming months.
Wednesday, 17/11/2021 | 12:08 GMT
by
Arnab Shome
News
Perth Heat to Pay Players in Bitcoin
The club will hold Bitcoin on its balance sheet.
Wednesday, 17/11/2021 | 11:09 GMT
by
Bilal Jafar
Regulation
Aussie Regulator Cautions Firms against Ties with Financial Influencers
These influencers provide financial advice without having a mandatory AFS license.
Tuesday, 09/11/2021 | 09:08 GMT
by
Arnab Shome
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News
Australian Watchdogs to Check CBA’s Crypto Offering Regulatory Implications
A partnership with Gemini Trust Company is initially planned for CBA's cryptocurrency trading service.
Friday, 05/11/2021 | 20:21 GMT
by
Felipe Erazo
News
Australia’s Commonwealth Bank Is Set to Launch Cryptocurrency Services
The bank will initially offer trading and custody services with ten major cryptocurrencies.
Wednesday, 03/11/2021 | 08:02 GMT
by
Arnab Shome
Regulation
ASIC Issues Regulatory Guidance on Crypto Products
It approved the criteria under which Bitcoin and Ethereum investment products can be launched.
Friday, 29/10/2021 | 06:36 GMT
by
Arnab Shome
News
Playtech Shares Jump 57% after Acquisition Confirmation
The deal is expected to be closed in the second quarter of 2022.
Monday, 18/10/2021 | 11:36 GMT
by
Arnab Shome
Regulation
ASIC Proposes to Extend Retail CFDs Restrictions till 2031
The ongoing order of product restrictions is set to expire on March 23, 2022.
Monday, 18/10/2021 | 06:31 GMT
by
Arnab Shome
News
Australia to Impose ‘Harsher’ Penalties for Ransomware Gangs
A joint parliamentary committee approved two weeks ago the Ransomware Action Plan.
Friday, 15/10/2021 | 16:41 GMT
by
Felipe Erazo
Regulation
ASIC Drops Warning Message on ‘Pump and Dump’ Telegram Group
The group of 300 members was coordinating to inflate the prices of shares.
Friday, 15/10/2021 | 06:26 GMT
by
Arnab Shome
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Retail FX
Australians Raised 1,041 Complaints against FX, CFDs Dealers in FY21
Shares, forex and CFDs were the most complained about products.
Thursday, 07/10/2021 | 06:05 GMT
by
Arnab Shome
Retail FX
ForexCT to Pay $20 Million in Penalties, Liquidators Reach Out to Clients
The liquidators had received 800 responses so far from clients affected by ForexCT.
Wednesday, 06/10/2021 | 18:42 GMT
by
Felipe Erazo
Brokers
ASIC Brokers Identify Target Markets as New DDO Rules Come into Effect
The rules become effective on October 5.
Tuesday, 05/10/2021 | 09:52 GMT
by
Arnab Shome
Retail FX
ASIC Announces Cancellation of Pure Strategy’s AFS License
The authority cancelled the license due to Pure Strategy’s failure to comply with its general obligations.
Monday, 27/09/2021 | 09:09 GMT
by
Bilal Jafar
Retail FX
ASIC Bans Unsolicited Sale of Financial Products
This will affect cold calling and other unsolicited contact tactics used by firms.
Thursday, 23/09/2021 | 08:51 GMT
by
Arnab Shome
News
Binance Ceases Crypto Futures and Options Offering in Australia
The exchange is pulling its derivatives services around the world amid regulatory crackdowns.
Tuesday, 21/09/2021 | 08:54 GMT
by
Arnab Shome
News
Airwallex Secures $200 Million in Series E Funding Round
The fintech platform received a valuation of $4 billion.
Tuesday, 21/09/2021 | 08:22 GMT
by
Bilal Jafar
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Regulation
ASIC Grants 339 New AFS Licenses in FY2020-21
The agency received a total of 565 applications for new AFS licenses.
Wednesday, 15/09/2021 | 08:47 GMT
by
Arnab Shome
Brokers
Stakeshop to Launch Discounted Brokerage Service in Australia
The startup is now offering US stocks in the country and already has around 360,000 customers.
Monday, 13/09/2021 | 09:15 GMT
by
Arnab Shome
Brokers
Capital.com Increases Global Presence with Expansion into Australia
The company received regulatory approval to expand its services in the region.
Thursday, 09/09/2021 | 08:12 GMT
by
Bilal Jafar
News
iSignthis Submits Evidence Alleging Unfair Suspension on ASX
The company is seeking AU$464.7 million from the exchange operator as damages.
Tuesday, 31/08/2021 | 07:07 GMT
by
Arnab Shome
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