December 09, 2016 BY LeapRate Staff

ASIC imposes license condition on online broker OpenMarkets Australia

Australia financial regulator ASIC has announced that it has imposed additional conditions on the Australian financial services licence of online broker OpenMarkets Australia Limited. This action follows surveillance activities which identified concerns in OpenMarkets: arrangements for identifying and preventing potential market misconduct (for example, inadequate automated filters in its automated order processing (AOP) systems and…

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