"ASIC is a law enforcement agency and we will take action against entities, regardless of their size or reputation" - Greg Medcalf, Chairman, ASIC
Read moreAustralia's leading retail forex broker joins the ranks of those offering interactive services to its clients. Phil Horner, Axi's Sales & Marketing Manager, explains.
Read moreWith a strong focus on the much coveted Asia Pacific region, Australian brokerages MXT Global and Vantage FX combine to provide technological and territorial synergies.
Read moreLeading Australian retail forex broker AxiTrader is breaking into the institutional business. LeapRate has learned that about two months ago AxiTrader went live with a soft launch of AxiPrime, combining liquidity, prime brokerage and aggregation services for retail forex brokerages and institutional traders, leveraging off AxiTrader's regulated status in both Australia and the UK. AxiPrime…
Read moreThe fight brewing between leading foreign and domestic Australia CFD and FX brokers has less to do with client protection, and more to do with protecting market position.
Read moreASIC's half-yearly report on the supervision of market participants reveals 19,255 trading alerts, and continues its drive toward automated surveillance Australia is a region which a great many FX company executives have been following with a keen eye recently, mainly due to its close proximity to the Asia Pacific region from which all FX firms globally…
Read moreAxiTrader launches 16 new currency pairs AxiTrader, Australia's largest domestic FX broker, has announced in a press release that it is starting to offer 16 new currency pairs available for trading. Notably the most engaging addition is trading of the Chinese Yuan against the US dollar (USDCNH). This is a first time that an Australia…
Read morePerrott had relinquished most of his management duties last year to new AxiTrader GM Alex Mackinnon. In what seems like an orderly and planned exit, AxiTrader co-founder Quinn Perrott has resigned for stated personal reasons. Perrott does remain a shareholder and board member. After hiring his own replacement in the person of ex-ODL and FCStone exec Alex…
Read moreCFTC making exceptions, at least temporarily, for foreign regulated entities seeking SEF status. One of the kinks in the CFTC's implementation of the Dodd Frank Act's requirement for SEF licensing is that the SEF rules (e.g. regarding disclosure, open order book...) contravene the rules of other jurisdictions. To help iron out these 'kinks', the CFTC…
Read moreAxiTrader is the fifth forex broker added by Myfxbook to AutoTrade in just the past month. Myfxbook is on a roll in Australia. The social trading and copy trading service provider has added Australian's leading forex broker AxiTrader (a member of LeapRate's Approved List of global regulated forex brokers) to its growing list of outfits…
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