Search Results for: ASIC
Global brokerage BGC Partners pays $90,000 penalty
February 23rd, 2017
BGC Partners (Australia) Pty Limited (“BGC”) has paid a total penalty of $90,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (“MDP”). The MDP had reasonable grounds to believe that BGC had contravened subsection 798H(1) ...
Share Investing pays $130,000 in infringement notice penalty
February 20th, 2017
Share Investing Limited (“Share Investing”) has paid a penalty of $130,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (“MDP”). The MDP had reasonable grounds to believe that Share Investing had contravened subsection 798H(1) of ...
Hong Kong police struggle to stop brokerage hacking spree
February 16th, 2017
Hong Kong police are struggling to deal with digital pump-and-dump schemes targeting brokerages – a little-known type of computer-generated fraud that surged in the Chinese territory last year. Although the money involved was small – only about $20 million ...
Here Come The Robots – And They Are Going To Take Almost All Of Our Jobs
February 9th, 2017
What is going to happen to society when robots are able to do just about everything better, faster and cheaper than human workers can? We live at a time when technology is increasing at an exponential pace. Incredible advancements ...
FMA warns against OptionsXO
February 8th, 2017
The Financial Markets Authority (FMA) of New Zealand has issued a warning to inform investors and public in relation of conducting business with OptionsXO http://www.optionsxo.com/. AS FMA reports, the notice by the Australian Securities and Investment Commission (ASIC) warns ...
Lego overtakes Ferrari as the world’s most powerful brand
February 6th, 2017
Analysis of the world’s top brands shows Lego has replaced Ferrari as the most powerful, according to new research. Every year, brand valuation and strategy consultancy Brand Finance puts thousands of the world’s top brands to the test. They ...
What about paying with your sunglasses?
February 6th, 2017
Because we carry our phones with us all the time that it makes sense to include mobile payment functionality on them. However what about those times it’s not convenient to bring our phones? Like at the beach or a ...
Elliott Wave Analysis: Triangle Correction On the AUDUSD Indicates Stronger Prices To Follow
February 1st, 2017
Elliott Wave Analysis: Triangle Correction On the AUDUSD Indicates Stronger Prices To Follow On the 1H chart of AUDUSD, we are looking at a triangle correction of a higher degree with price specifically trading in the final sub-wave E ...
Harvard Business Review: Blockchain Is Foundational, Not Disruptive
January 25th, 2017
True blockchain-led transformation is still many years away, according to an article, “The Truth About Blockchain” in the Harvard Business Review, because it does not deliver a truly “disruptive” business model which can attack an existing model with a lower ...
Pound Sterling Predicted to Recover Against Euro, Dollar
January 23rd, 2017
The British Pound is expected to stay above its recent lows against the Euro and Dollar going forward as the currency has absorbed its fair share of Brexit-inspired negativity. The Pound trades well below where it should if the ...
