Foes Join Forces to fight for the freedom of financial advice. http://www.abc.net.au/news/2014-07-15/coalition-strikes-deal-with-pup-on-financial-advice-laws/5598738 Who would have thought that Clive, throwing his weight around, Palmer would capitulate to Tony, after declaring he would stand firm on an issue of such importance… Read More ›
Market Regulation
Over the counter, into the bucket – Buyer be aware.
Background information Although perhaps misleading, the title draws attention to the explosive combination of trading in derivatives, and big bets using excessive gearing. The so-called bucket shops that flourished at the turn of the twentieth century in the US were… Read More ›
Tweets by twits
http://www.abc.net.au/news/2013-04-24/ap-twitter-feed-hacked/4647630 $136.5 billion market sell-off April 23 following a fake AP Tweet Within 3 minutes all US markets had plunged as a result of automated trading acting on the report of Obama‘s death. The Syrian Electronic Army supporting Syrian Leader… Read More ›
Review of broker licensing rules initiated
http://www.theaustralian.com.au/business/markets/new-rules-for-dark-pools-as-regulators-crack-down-on-high-frequency-trading/story-e6frg916-1226520717959 Andrew White, and Andrew Main reporting in The Australian 21/11/122: The financial services minister, Bill Shorten, has ordered a review of the licensing rules for stockbrokers under the Corporations Act. The objective is to ensure that Australia’s market regulatory… Read More ›
ASIC introducing rule changes for automated trading.
http://www.theaustralian.com.au/business/markets/asic-ponders-kill-switches-for-automated-share-trades/story-e6frg916-1226510189096 Andrew White in the Australian today foreshadowed the release this week of rules for automated share trading. ASIC has undertaken a review of issues of concern to them as regulator: the risk of trading aberrations from mal-functioning trading algorithms, the potential… Read More ›
Technically Speaking 