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Online trading

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The ‘financial heroin’ product that ASIC is trying to bust

The ‘financial heroin’ product that ASIC is trying to bust

Having a win represents a massive high. But if punters lose, withdrawal is financially painful.

  • by Elizabeth Knight

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Wallabies sponsor hit with ASIC action over its financial betting products

Wallabies sponsor hit with ASIC action over its financial betting products

The corporate watchdog says 20,000 Australian customers of eToro lost money trading products known as contracts for difference.

  • by Sarah Danckert
High-flying trading boss hit with 16 charges

High-flying trading boss hit with 16 charges

Former Berndale Capital Securities boss Stavro D’Amore and the trading house’s director Daniel Kirby are accused of misusing client funds and providing false information.

  • by Sarah Danckert
Beware the ‘dark patterns’ and fine-print online traps

Beware the ‘dark patterns’ and fine-print online traps

Yes, the government does believe the things businesses do to you online.

  • by Ross Gittins
Crypto regulation threat kills $1.5bn Aussie trading platform merger

Crypto regulation threat kills $1.5bn Aussie trading platform merger

Online trading platform Superhero and cryptocurrency group Swyftx have announced the end of their merger just six months after sealing the deal.

  • by Sarah Danckert
Trader pleads guilty to manipulating share prices with ‘pump and dump’ posts

Trader pleads guilty to manipulating share prices with ‘pump and dump’ posts

Gabriel Govinda, who went by the online name “Fibonarchery”, is facing hefty fines or prison time for market manipulation and the illegal spreading of information on a trading chat site.

  • by Clancy Yeates
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Investors are dumping the ‘pump and dump’, says watchdog
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Investors are dumping the ‘pump and dump’, says watchdog

The corporate watchdog says it has witnessed a sharp drop off in the number of social media savvy traders working to orchestrate “pump and dump” schemes since its crackdown last year.

  • by Sarah Danckert
New apps are enticing fresh investors, but are they turning share trading into a game?

New apps are enticing fresh investors, but are they turning share trading into a game?

Stake, Superhero and Pearler are some of the new trading platforms promising a shot at financial security to a generation cursed with a bleak housing market and the spectre of inflation.

  • by Anthony Segaert and Nick Bonyhady
Women ‘take matters into their own hands’ to secure financial future

Women ‘take matters into their own hands’ to secure financial future

For the first time, as many women as men are investing in shares and ETFs, and younger women are leading the charge.

  • by John Collett
Family trust eyes legal action against CommSec over frozen account

Family trust eyes legal action against CommSec over frozen account

A stoush has erupted between CommSec and a family trust that claims its trading account was frozen in the middle of a busy trading day.

  • by Lucy Battersby
Losses from alleged rogue trading scheme blow out to $345 million

Losses from alleged rogue trading scheme blow out to $345 million

The investor claims mean former Sheffield United sponsor Union Standard International is one of the biggest investment scheme collapses in years.

  • by Sarah Danckert