Search Results for: ASX
Asia markets rally after oil prices surge on OPEC production cut deal
September 29th, 2016
The overnight rally in oil prices amid reports that oil producers finally agreed to cut production levels sent Asia markets higher on Thursday. Australia’s ASX 200 was up 1 percent in afternoon trade, with the energy sector rallying 6.54 percent, while ...
CFTC Expands Interest Rate Swap Clearing Requirement
September 29th, 2016
The U.S. Commodity Futures Trading Commission (Commission) today expanded the existing clearing requirement for interest rate swaps. The Commission voted unanimously to approve an amendment to Commission regulation 50.4(a) that establishes a new clearing requirement determination. The new clearing ...
Property versus shares: which is the better investment?
September 19th, 2016
When it comes to building wealth for the future, which asset class is safer and more sustainable? Will shares or property better help you reach your investment goals? Investing in property A lot of investors prefer property as it is ...
Sydney Stock Exchange Confirms Public Blockchain Platform for Instant Settlements
September 16th, 2016
The Sydney Stock Exchange (SSX) has confirmed its project to build a public blockchain platform that will drastically reduce settlement times of trades and equities. The Sydney Stock Exchange is pressing ahead with a new blockchain settlement system that ...
Asian Shares Shed Early Gains
September 13th, 2016
Asian shares shed some of their early gains by midday Tuesday as sentiment regarding the course of U.S. interest-rate policy continues to play heavily on market direction. Fears of a rate increase, which have built in recent days, eased ...
Listed venture company H2Ocean launched
September 12th, 2016
H2 Ventures has announced the launch of H2Ocean, a listed venture company investing in early and growth stage fintech businesses. H2Ocean is expected to begin trading on the ASX on a normal settlement basis on 19 October 2016, and ...
Asian Markets Fall After North Korea Nuclear Test
September 9th, 2016
Asian shares moved lower after North Korea conducted a fifth nuclear test Friday, adding to weakness in the market brought on by disappointment about European Central Bank’s inaction on stimulus. But Hong Kong’s Hang Seng Index continues to rally, ...
Morgan Stanley pays $123,750 in infringement notice penalty
September 7th, 2016
Morgan Stanley Australia Securities Limited (“Morgan Stanley”) has paid a penalty of $123,750 to comply with an infringement notice given to it by the Markets Disciplinary Panel (“MDP”). The MDP had reasonable grounds to believe that Morgan Stanley contravened subsection 798H(1) ...
CommSec pays $700,000 in infringement notice penalties and refunds $1.1 million in brokerage
September 2nd, 2016
Commonwealth Securities Limited (“CommSec”) has paid a total penalty of $700,000 to comply with two infringement notices given to it by the Markets Disciplinary Panel (“MDP”), and has voluntarily refunded $1.1 million in brokerage to more than 25,000 clients. Confirmations: disclosure ...
Asian Shares Weaker, With All Eyes on U.S. Jobs Report
September 1st, 2016
Asian shares were broadly weaker Thursday as investors cautiously await the release of U.S. jobs data on Friday that could jolt markets out of their summer malaise. Official Chinese manufacturing purchasing managers’ index data for August came in at 50.4, ...
