OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
UBS Securities Pays $120,000 Infringement Notice
UBS Securities Australia Limited (‘UBS’) has paid a penalty totalling $120,000 to comply with an infringement notice given by the Markets Disciplinary Panel (‘the MDP’). The MDP had reasonable grounds to believe that UBS contravened Rule 3.3.1(b)…
State One Stockbroking to Pay $500,000 in Connection…
The Federal Court has ordered State One Stockbroking Limited (State One) to pay penalties totalling $350,000 after the company failed to comply with ASIC’s Market Integrity Rules (MIRs). The Court found State One contravened the…
ASIC Provides Regulatory Approvals for a Proposed New…
ASIC has updated the market integrity rules to facilitate the introduction of a new type of financial product that securities and derivatives exchange Chi-X Australia Limited (Chi-X) is introducing to its market, known as transferable…
ASIC Consults on Proposed Changes to the Capital…
ASIC has released a consultation paper proposing changes to the capital requirements for market participants, which prescribe the minimum amount of capital a participant must hold. The proposed changes will better protect investors and market…