The acquisition have a significant positive impact on the volumes in the trading of USD/CAD and USD/GBP pairs. OFX Chief Executive Officer and Managing Direator, Skander Malcolm said: This is our first major acquisition and very much aligned with our strategy of building scale in the Corporate segment and growing the North American region. Firma…
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According to the Aussie regulator, the company also failed to ensure its representatives were adequately trained and competent. The company’s AFS licence will remain in effect for another 12 months so that its membership of the Australian Financial Complaints Authority is maintained and its obligation to hold professional indemnity insurance cover. Earlier in September, ASIC…
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Mark Jones, co-head of Macro, Wells Fargo Corporate & Investment Bank, said: We are pleased to announce that we will be utilizing blockchain technology for the first time in the settlement process of cross-border payments. We are extremely excited to be collaborating with HSBC on a project which places both organizations at the forefront of…
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The regulator noted that the company has taken steps to address and remedy these breaches. The official announcement stated: AxiCorp has since demonstrated to the FMA that it has taken adequate steps to address the material breaches and that it has adequate systems, processes and resources in place to ensure compliance with the FMC Act…
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Ian Lowitt, CEO Marex, commented: Developing Asia Pacific is a central part of our stated global growth strategy, with a key strand being the launch and expansion of an Australian branch. As one of the largest markets for agriculture, energy and metals, Australia is a hugely important geography for our business and where it is…
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City Index’s logo will be displayed on the NRL training apparel and playing jerseys with immediately. It will appear on the NRLW training apparel and playing jerseys for the 2022 NRLW season. City Index Head of Australia, Tom Brown said: We are excited to be partnering with one of the oldest and most successful clubs…
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Rajamountry’s experience in digital marketing help strengthen ACY Securities’ position. Chief Operating Officer of ACY Securities, Ashley Jessen said: This is an exciting time for both ACY and our suite of Fintech brands, as we maximise our reach around the globe. With a sharp focus on digital performance channels and being able to lead a…
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The elements that go into each bundle plan are hand-picked by pricing and product, based on Saxo’s insights from real clients. The most popular Gold bundle also reflects that - the research and insights from real clients indicate that most people find this the most accessible and efficient package to meet their investing needs. Adam…
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The regulator also estimates that 25,000 customers were charged more than $5 million in fees that had not been disclosed adequately. ASIC Deputy Chair Sarah Court said: ASIC is disappointed to have to yet again commence legal proceedings, on this occasion no fewer than six times, against a major bank. The conduct and breaches alleged…
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According to the official announcement, they are prohibited from the following activities: (i) entering into transactions in respect of any securities; (ii) processing any withdrawals or transfers of securities and/or cash on the instructions of any authorized person of the accounts or by any person acting on their behalf; (iii) disposing of or dealing with…
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