ASIC noted that in some cases, the money Ali received from investors had come from investors’ self-managed superannuation accounts. In 2018, in the midst of ongoing civil proceedings against him and an ongoing investigation, Ali left Australia. He was arrested in Poland in November 2021 after a warrant for his arrest was issued. Poland granted…
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Loh Boon Chye, Chief Executive Officer of SGX Group, said: Our record-high revenue was driven by higher derivatives volumes across equities, currencies and commodities, as our global customers increasingly used our multi-asset platform to navigate market uncertainties. Forex Performance The Singapore Exchange further revealed that with the recent acquisition of MaxxTrader, together with BidFX, OTC…
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With extensive experience in the industry, Koh has served and chaired various listed and private companies globally, as well as in Singapore. Some of the companies he worked at include Agilent Technologies, DBS, Singapore Airlines, SingTel and Wuthelam Group. Koh said: I am honoured to have the opportunity to serve as Chairman of SGX Group,…
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Total dividend (interim and final) reached 236.4 cents per share in FY22 and 90% payout ratio was maintained. Helen Lofthouse, ASX Managing Director and CEO, said: ASX continues to benefit from its diversified business model. We saw decade-high levels of listings activity, particularly in the first half, with 217 new listings in the period –…
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According to IC Markets, official announcement shared with LeapRate, new episodes are released every fortnight as Vodcast and Podcast on IC Markets’ Youtube Channel and all major streaming platforms, starting 17th August 2022. Host of the podcast is Pamela Ambler, an investment intelligence and strategy advisor. Ambler has a career as a business and finance…
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Along with him, all of ATM Research’s analysts will also retain their position at the newly rebranded entity. COO of BlackBull Markets, Benjamin Boulter, commented: In this financial climate, I think it is essential that our clients have the very best knowledge at all times when making investing decisions. BlackBull Research is teamed with extremely…
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New features The official press release shared with LeapRate, highlighted a new feature called “Big Movers”. The new addition alerts clients on major market shifts, economic news highlights and trading opportunities in the previous 24 hours. VT Markets also noted the new “Learn” feature which provides educational content to continuously expand their trading knowledge and…
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Most of Volt’s clients initiated transfers to other banks. Now the bank has voluntarily transferred the balances of the remaining 441 customers, a total value of AU$113,073, to the National Australia Bank (NAB). The official announcement said: APRA closely monitored the return of deposits process, and formally approved the transfer of deposits to NAB using…
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Leigh Travers, Director of Binance Australia Derivatives said: Launching crypto derivatives under an AFSL delivers on our core strategy of becoming a regulated institution in Australia. The Binance Australia Derivatives products will enable wholesale customers the opportunity to hedge their crypto portfolio as well as grow the total size of Australian crypto markets. Changpeng Zhao,…
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ASIC took civil action against investment scam in 2020 and closed down the unregistered managed investment scheme operated by Marco and AMS Holdings (WA) Pty Ltd, the AMS Holdings Trust. ASIC’s probe and action lead to the criminal charges against Marco who now faces a maximum penalty for each offence of seven years imprisonment, or…
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