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Australia

Australians lost AUD 11.5 mln to investment scams, mostly in binary options

By Henry Hughes
May 15, 2017
Australia
All News Featured News Regulation
Investment schemes scams brought the greatest losses to Australians, after romance and dating scams, reveals the 2016 report of the Australian Competition and Consumer Commission (ACCC) and the ...
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Australia to set up new financial EDR body

By Henry Hughes
May 12, 2017
aud
All News Featured News Regulation
The Australian government is planning to set up a one-stop-shop external dispute resolution (EDR) body for all financial service providers in the country. It should be established by ...
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IC Markets reaches new record trading volume of $234 bn in Mar 2017

By Juana Wells
April 3, 2017
forex-general
All News Featured News Forex Brokers
Australia-based forex broker International Capital Markets, trading as IC Markets, said on Monday its trading volume continued to rise and reached a new record-high of $234 billion in ...
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Australia’s ASIC forms Financial Advisers Consultative Committee

By Juana Wells
March 29, 2017
Australia
All News Regulation
Australia’s financial services authority, the Australian Securities and Investment Commission (ASIC), has established a Financial Advisers Consultative Committee (FACC) which to improve the existing industry engagement with the authority ...
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EightCap adds CFDs on NASDAQ100, Hong Seng 50, IBEX 35/Spain 35, US2000 indices

By Juana Wells
March 22, 2017
EightCap
All News Forex Brokers
Australian forex brokerage EightCap said on Wednesday it will expand its live trading offering with contracts for difference (CFDs) on four new indices – NASDAQ100, Hong Seng 50, ...
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Investment Trands: Australian forex market activates in 2016

By Juana Wells
March 10, 2017
Australia
All News Forex Brokers
The Australian forex market saw a dynamic 2016 with a record influx of 16,000 new forex traders seeking ‘opportunities in market movements’ and additional 13,500 dormant traders reactivating ...
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CMC Markets to service ANZ bank’s entire client base, to become Australia’s second largest stockbroker

By Juana Wells
March 8, 2017
CMC Markets
All News Featured News Forex Brokers
Forex and contracts for difference (CFDs) broker CMC Markets (LSE:CMCX) said on Wednesday it entered into a partnership with ANZ Share Investing, one of the leading banks in ...
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Australia’s ASIC warns against non-authorized binary options broker Magnum Options

By Juana Wells
January 16, 2017
asic-logo-380
All News Binary Brokers Featured News Regulation Warnings
Binary options broker Magnum Options, aka Hampshire Capital Ventures Ltd., operates in Australia without having the proper authorization, the Australian Securities and Investments Commission (ASIC) said through its ...
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Australia’s ASIC warns of scam emails

By Juana Wells
January 11, 2017
ASIC
All News Regulation Warnings
The Australian Securities and Investments Commission (ASIC) reported on Wednesday its registry customers could be contacted by scamers via emails purporting to be sent from the ASIC. The ...
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Australia’s NAB, CBA banks agree on enforceable undertakings with ASIC in relation to spot forex misconduct

By Juana Wells
December 21, 2016
Australia
All News Regulation
The Australian Securities and Investments Commission (ASIC) reported on Wednesday it has accepted enforceable undertakings (EUs) from the National Australia Bank Ltd. (NAB) and the Commonwealth Bank of ...
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