Australian Securities and Investments Commission

104 results about this entity

Period: 22 Jan 2007 - 18 Dec 2024

Asic extends Innovation Hub initiative

An 'Innovation Hub' established by Australian financial watchdog Asic to help fintech startups navigate the regulatory landscape is reporting strong demand for its services from budding businesses keen to break into financial services.

Asic steps back from demands for intra-day reporting on derivatives transactions

ASIC has amended the ASIC Derivative Transaction Rules (Reporting) 2013 (derivative transaction rules (reporting)) following industry consultation and feedback on Consultation Paper 221 OTC Derivatives Reform: Proposed amendments to the ASIC Derivative Transaction Rules (Reporting) 2013 (CP 221).

Asic hits out at 'Flash Boys' hysteria

The Australian Securities and Investment Commission (Asic) has hit out at media criticism of its apparently laissez-faire approach to high frequency trading and the 'hysteria' which has gripped the markets following the publication of Michael Lewis' damning expose of 'Flash Boy' traders.

Aussie watchdog relaxes plans to constrain dark pools and HFT

The Australian securities market regulator Asic has shelved plans to introduce tougher rules on high frequency trading and dark pools following a dip in fleeting small orders by HFT traders and lower activity in dark markets.

Osaka Securities Exchange heads fined over systems outage; ASX rapped for comms breakdown

The president and managing director of Osaka Securities Exchange have had their pay docked in recompence for a four-hour shut down of the J-Gate derivatives trading system in March.

Beware of the dark, but HFT no bogey man says Aussie regulator

The potential for market abuse in dark pool trading is more profound than 'overstated' concerns about the dangers of high frequency trading, says Australia's Securities and Investment Commission (Asic).

Oz regulator chooses First Derivatives market surveillance system

The Australian Securities and Investment Commission (Asic) has selected First Derivatives to design, build and host a new market surveillance system.

Australia plans 'kill switches' to curb HFT risks

In a bid to curb high-frequency trading, Australia has unveiled plans for the introduction of 'kill switches' as part of a wider package of new market integrity rules.

Credit Suisse hit with Oz penalty over rogue trading strategy

The Australian arm of Credit Suisse has been hit with a A$52,000 penalty for pumping up the share price of a company by accidentally using the wrong trading strategy within its automated order processing system to buy stock on behalf of a client.

Citigroup fined for fat-finger trade that floored stock price

Citigroup has been fined $30,000 by Australian securities regulators for a fat-finger trading error which caused the share price of a stock to plunge by 99%.

Australian and UK regulators warn on crowdfunding risks

Australian and UK watchdogs have both warned of the potential financial and regulatory risks for participants involved in the fast-growing crowdfunding sector.

Australia bids to curb rogue algos

Australian securities regulators have unveiled tough new controls on automated trading systems in a bid avoid the aberrent market behaviours witnessed in European and US marketplacse.