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
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.
LCH.Clearnet & Chi-X set to clear European Equity CFDs
LCH.Clearnet Limited (LCH.Clearnet), working with Chi-X Europe Ltd, will launch a unique contract-for-difference (CFD) clearing service.