Tag: Australian Securities & Investments Commission

July 03, 2015 BY Mike Fox

ASIC provides update on Interactive Brokers Forex offering

ASIC today provided an update on its regulation of US-based online brokerage firm Interactive Brokers Group, Inc. (NASDAQ:IBKR). Last week, the Australian Securities & Investments Commission (ASIC) halted Interactive Brokers (IB) Forex OTC services within the country. Back in December 2013, ASIC granted an extended a no-action position to IB regarding its FX business on the basis…

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May 28, 2015 BY Mike Fox

ASIC consults on central clearing obligations for OTC derivatives

ASIC Commissioner Cathie Armour said, "This is an important next step in Australia’s meeting of the G20 OTC derivatives commitments. The proposed mandatory clearing regime will improve the integrity and stability of Australia’s OTC derivative markets, while ensuring the reforms are implemented in a measured way."

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