Search Results for: ASX 200
iSignthis: ISX’s damages claim against ASX now over $464.7m
September 1st, 2020
iSignthis Ltd (“ISX”) has now filed in the Federal Court of Australia further and better particulars of the damages which it claims against ASX Limited (“ASX”). The damages of $200.7 million relate to ASX’s decisions to suspend, and continue ...
iSignthis: $264m damages claim against ASX Ltd for misleading and deceptive conduct
August 21st, 2020
iSignthis Ltd (“ISX”) has filed its amended statement of claim against the ASX Limited (“ASX”) in the Federal Court of Australia. The amended statement of claim now also alleges misleading and deceptive conduct under section 1041H of the Corporations ...
Asian equities’ best start to a year since 2006 continued Tuesday; The euro gained less than 0.05 percent
January 16th, 2018
Asian equities’ best start to a year since 2006 continued Tuesday as most bourses in the region pushed higher. The yen declined amid concern Japanese authorities may want to limit gains that pushed the currency to a four-month high. ...
Online stock broker to pay a penalty of $200,000
September 28th, 2017
The Australian Securities and Investments Commission has issued today an announcement to inform that an online stockbroker that provides execution-only brokerage services pays $200,000 infringement notice penalty. According the announcement, OpenMarkets Australia Limited (‘OpenMarkets’) has paid a penalty of $200,000 ...
CommSec pays $200,000 in infringement notice penalty
November 16th, 2016
Commonwealth Securities Limited (“CommSec”) has paid a penalty of $200,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (“MDP”). The MDP had reasonable grounds to believe that CommSec contravened subsection 798H(1) of the Corporations Act ...
Technical glitch hits ASX
September 19th, 2016
The Australian Securities Exchange has ruled out any cybersecurities issues as a factor in severe trading disruptions today, saying hardware failure was to blame after the exchange was knocked out for most of the session. “Today, ASX encountered issues ...
ASX Group publishes Activity Report for April 2016
May 4th, 2016
The value of ASX-listed stocks, as measured by the All Ordinaries Index, rose 3.2% in April 2016. This performance was stronger than all major markets including Hong Kong up 1.4%, the UK up 1.1%, Germany up 0.7% and the ...
ASX still committed to blockchain after CEO’s departure
March 30th, 2016
ASX has reaffirmed its commitment to developing a Bitcoin-like settlement system that could replace its lucrative post-trade services business after the man who championed the technology, Elmer Funke Kupper, quit as chief executive this week. ASX executive chairman Rick ...
ASX chief Elmer Funke Kupper quits in face of investigation
March 22nd, 2016
The head of the Australian Securities Exchange, Elmer Funke Kupper, has quit his $3.5 million a year job over allegations that he knew of a $200,000 payment to the family of Cambodian strongman prime minister Hun Sen. The $200,000 payment was made when Mr Funke Kupper was ...
Asia markets lower, ASX down 0.7%, Shanghai down 1.7%
March 8th, 2016
Markets in Asia lost ground Tuesday, stepping back from their recent rally as traders digested the weak China trade data. Angus Nicholson, a market analyst at IG, told CNBC a lot of the recent rally in stocks has been ...
