April
$2 trades: Superhero opens a new front in the broker fee war
Street Talk can reveal the online share trading platform will on Monday announce the most significant changes to its pricing since its launch in 2020.
- Sarah Thompson, Kanika Sood and Emma Rapaport
March
- Exclusive
- Top 500 private companies
Equity traps in the growing pool of share schemes
Anna Ross crowdfunded capital to get her beauty empire off the ground, but some small-time investors have become desperate to get their money back.
- Patrick Durkin
February
CommSec MD Richard Burns quits, CBA exec James Fowle to takeover
The managing director of the country’s largest stockbroker, Commonwealth Bank’s CommSec platform, has told the company that he will resign at the end of June.
- Lucas Baird
C’est bizarre: CSR share trading post French approach raises eyebrows
CSR’s trading halt came through after the market had closed for the day, rendering it largely useless.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
O’Kane who? Make way for Citadel’s $1.5b man
On a global stage, Macquarie’s $58 million man Nicholas O’Kane is the poor cousin to Citadel’s Sebastian Barrack.
- Sarah Thompson, Kanika Sood and Emma Rapaport
January
Retail traders are retreating from the ASX
Brokers have been tracking the force of retail traders since they burst onto the scene during the pandemic. But their impact appears to be waning.
- Updated
- Jonathan Shapiro
- Exclusive
- Start-ups
Stake CEO Matt Leibowitz resigns
Matt Leibowitz, co-founder of online broker Stake, has resigned as chief executive after a seven-year tenure.
- Jessica Sier
- Updated
- Bitcoin
Bitcoin ETFs line up for ASX listing
The SEC’s final approval signals the arrival of cryptocurrency as a mainstream asset class that can be recommended by financial advisers, industry observers said.
- Updated
- Jessica Sier, James Eyers and Joanna Mather
November 2023
Investment banks feast on $1b of block trades as floats loom
Brokers compiled a slew of block trades off the back of significant events for companies such as Whitehaven Coal, Origin Energy and Endeavour Group.
- Aaron Weinman
October 2023
FX firm Convera says bullying claim ‘vague, misdirected’
Convera argued the allegations reflected ‘grievances on the part of the applicant that are variously vague, misdirected and irrelevant’.
- Lucas Baird
Stake lobs bid for rival Selfwealth at 17.5¢ per share
Australia’s crowded online retail trading market is set for a shakeup.
- Sarah Thompson, Kanika Sood and Emma Rapaport
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
- Opinion
- Hedge funds
The world’s largest hedge funds see opportunities in Australia
Multi-manager hedge funds are eating the industry. Now, they’re ready to have another crack here in their insatiable hunt for talent and for markets to exploit.
- Jonathan Shapiro
August 2023
ASIC sues eToro for selling ‘volatile’ CFDs to retail investors
The watchdog says the online investment platform marketed contracts for difference products to unsuitable investors, leading to almost 20,000 customers losing money.
- Lucy Dean
July 2023
End of the road for Six Park as robo-adviser decides to call it quits
The investment platform was launched in 2016 and offered do-it-yourself access to 10 portfolios. On Friday, the company said it was unable to scale as needed.
- Lucy Dean
ASX Wolf, now RG146 certified, plots his return
Without a financial services licence, Tyson Scholz’s RG146 qualification isn’t worth the paper it (probably isn’t) printed on.
- Myriam Robin
Mystery trader in Openmarkets’ record-setting ASIC fine revealed
Sydney-based trader, Philip Tauberman, is the mystery “client” at the centre of a record $4.5 million penalty handed down by ASIC’s markets disciplinary panel to Openmarkets.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June 2023
Cboe’s high-tech strategy to break ASX monopoly
CEO Emma Quinn has overseen a massive technology overhaul of the alternative stock exchange and is looking at future opportunities.
- Tom Richardson
Ex-Perpetual, MLC boss appointed to chair neo-broker Stake
Geoff Lloyd’s appointment comes as online stockbrokers shore up their corporate governance amid increasing regulatory scrutiny.
- Aleks Vickovich
May 2023
ASX chief tells stockbrokers new CHESS will put ‘safety’ over speed
ASX maintains it will decide on the new technology solution for CHESS by the end of the year, and brokers will get plenty of time to develop for it.
- James Eyers
