This Month
ASIC says JPMorgan missed dozens of suspicious commodities trades
The banking giant was fined after the corporate regulator found it failed to pick up the unusual orders which were likely intended to manipulate wheat prices.
- Aaron Weinman
April
Blue Ocean Equities lands in Melbourne with key hire
The stockbroker and corporate advisory firm is expanding, and will open its first office in the education state after bringing Michael Woolhouse on board.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Greg Coffey is back, but he’s ‘no longer taking big swings’
The Australian hedge fund manager known as the Wizard of Oz has an estimated fortune of $989 million. He says his approach has changed since his younger years.
- Matthew Cranston
March
Savvy energy traders are betting the house on Australian power
European trading houses and utilities are pairing traders and meteorologists to predict weather patterns and make millions from moving Australian energy.
- Aaron Weinman
Don’t believe the hustle: ‘ASX Wolf’ says he’s actually miserable
On social media, no one is as beautiful or wealthy or happy as they seem. Not least the guy asking you to pay $1000 a year to join his Discord channel.
- Myriam Robin
February
Macquarie’s $58m man hands reins to trading veteran
Simon Wright will succeed Nicholas O’Kane, the bank’s highest-paid employee, just as commodities trading was expected to slump.
- Aaron Weinman
October 2023
ASX Wolf faces bankruptcy threat over $450,000 in court costs
The financial woes continue for share trader and social media influencer Tyson Scholz, who just a few months ago was posting images of himself on a private jet.
- Liam Walsh
Record ASIC fine won’t derail Openmarkets’ Nasdaq dream: CEO
Dan Jowett says the Sydney-based company is still powering towards a listing despite a $5.2 million loss.
- Lucas Baird
July 2023
Day trader behind ASIC’s Openmarkets fine boasted of being ‘a sniper’
Philip Tauberman, the Openmarkets whale behind the broker’s record ASIC penalty, lost everything when the London bombing struck, so turned to day trading.
- Lucas Baird
- Updated
- Investing
The whale behind Openmarkets’ epic ASIC fine
Stockbroker Openmarkets will pay the biggest penalty the corporate regulator’s market disciplinary panel has ever imposed.
- Updated
- Jonathan Shapiro and Lucas Baird
February 2023
- Opinion
- Investing
Are zero-day options powering the sharemarket rally?
Wall Street is experiencing record volumes of very short-term options being traded as speculators discover a new way to try to profit from market moves.
- Karen Maley
October 2022
Secrets of ASIC raids on EverBlu, ASX Wolf revealed
Court documents reveal what the corporate regulator was looking for when it raided a Sydney stockbroker and a flashy Gold Coast sharetrader last November.
- Liam Walsh, Jonathan Shapiro and Jemima Whyte
ASX still working on automation for outages
The market operator says it will deliver another consultation paper exploring ways to automate services during outages.
- Ayesha de Kretser
‘ASX Wolf’ at the centre of corporate watchdog’s ‘finfluencer’ fight
Lawyers for Tyson Scholz have argued his social media posts were about lifestyle, and not about investment advice.
- Liam Walsh
No bullying into buying: trader on ASX Wolf chat room
ASIC and flashy share trader Tyson Scholz are entangled in a Federal Court lawsuit about claims of providing financial advice.
- Liam Walsh
‘Take positions and let word out’: ASX Wolf v ASIC case
The opening day of a civil case against a flashy ASX trader had heard of alleged WeChat messages on his phone.
- Liam Walsh
July 2022
Wall Street set for new ETF gold rush as single-stock era begins
A new ETF-for-everything era may have just begun on Wall Street, swelling an industry that already boasts almost 3000 products and $9.12 trillion in assets.
- Katie Greifeld and Elaine Chen
June 2022
Former trader turns high school maths team into Wall Street stars
Many top market performers went through the group at F.W. Buchholz High School. For the past two decades it has been led by lanky 63-year-old alum Will Frazer.
- Scott Carpenter
February 2022
ASX Wolf: ‘I’ve been just getting on with business and with trading’
ASIC’s case against share trader Tyson Scholz claims the ‘ASX Wolf’ reaped $1.16 million in 10 months from selling ‘stockmarket courses’, court documents allege.
- Liam Walsh, Jemima Whyte and Jonathan Shapiro
January 2022
Small traders trigger massive selling before stocks rebounded
The rush for the exit sparked a spike in trading: more than 18 billion shares changed hands, the busiest session since early 2021.
- Lu Wang and Elaine Chen
