Archive for June, 2010

Australia, Broker Sonray Capital Markets goes into Administration

June 23, 2010Andy No Comments »

Broker Sonray Capital Markets has collapsed in Australia, resulting in the seizure and freezing of about 3000 client accounts who have their money tied up in a pooled account.

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ASIC to scrutinise Speculative Share Trading

June 10, 2010Andy No Comments »

The Australian Securities and Investments Commission (ASIC) says it will be closely monitoring certain trading tools when it takes over the supervision of financial markets later this year.

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