trading

Oct
05

Australia FIX Conference

Australia FIX Conference   The Leading Electronic Trading Conference in Australia 13 October 2016 Conference Venue Sofitel Sydney Wentworth, Australia 3rd Floor, Grand Ballroom 61-101 Phillip Street Sydney, Australia   The FIX Trading Community™ Australia FIX Conference has already been established as the leading electronic trading event in Australia. This year’s annual conference will be attended by over 400 industry participants from the leading buy- and sell-side firms, regulators, exchanges and solution providers. The year’s conference will continue to explore the most pressing issues of the industry and will address both business and technical aspects of electronic trading in both Australia and offshore markets. Adhering to the spirit of “Created […]

DETAIL
Oct
04

UBS invests big in blockchain future

Global investment bank UBS is throwing its resources behind the blockchain’s transformative potential, investigating a range of applications such as smart bonds, cross border payment transactions on the distributed ledger and a digital representation of physical currency. In 2015 the bank opened an innovation lab designed to explore how the blockchain could be used by the financial services sector and how it would disrupt traditional banking models. Now its research will turn into reality. UBS group chief operating officer Axel Lehmann told The Australian Financial Review the blockchain could be “the next internet” in terms of its potential, but there were still questions to be answered. “We don’t want to […]

DETAIL
Aug
30

The blockchain revolution in banking and trading

A change is coming to financial services that its proponents compare to the introduction of the internet: its effects will be dramatic, but it’s hard to see all its potential yet. The change is the introduction of blockchain, or distributed ledger, technology, which could have broad impacts across banking and trading for both individuals and institutions. For private investors, the technology could allow for cheaper share trading and faster settlement. It could also help provide confidence to market participants in times of stress and allow more issuance of stock, particularly from smaller companies. Blockchain technology is best known for its role underpinning digital currency bitcoin, but its uses are much […]

DETAIL
Aug
19

Blockchain prototype gives ASX confidence

Market operator ASX says its successful blockchain prototype has given it the confidence that it can develop a system that could eventually replace the trading platform that underpins the $2 trillion Australian market. While chief executive Dominic Stevens cautioned that he could only give a “two week view” having been appointed on August 1, the trials run on the prototype suggested that it could eventually handle the required volumes and make the market more efficient for regulators, ASX customers and other stakeholders. Further development will occur over the next 18 months with Digital Asset Holdings, the blockchain start-up run by former JPMorgan executive Blythe Masters. ASX owns 8.5 per cent […]

DETAIL
Aug
09

Fintech needs security baked in from the start

Fintech has been labelled a modern day gold rush fuelled by ­ambitious entrepreneurs and innovative technologies and consumer demand. KPMG and CB Insights’ “The Pulse of Fintech”report found that global investment in fintech currently sits at $13.8 billion with $4.5bn invested in the Asia-Pacific, across 140 deals. But as the relationship between new technologies, such as bitcoin and blockchain, and ­financial services deepens, so do the threats posed by increasingly sophisticated hackers. No market is more affected by cybercrime than financial services. PricewaterhouseCoopers’ 2016 Global Economic Crime Survey found that 48 per cent of ­financial sector respondents reported to have been affected by cybercrime, compared with 36 per cent across […]

DETAIL
Aug
03

BPS Technology further expands Bartercard operations in USA

BPS Technology continues to execute its Bartercard growth strategy in North America, opening new franchises in New Hampshire, Alabama and Georgia, with at least four more US franchises in the pipeline Leading financial technology platform provider BPS Technology Limited (ASX: BPS, “the Company”) is pleased to announce that it has continued to expand the reach of its Bartercard operations in North America. BPS has recently opened three new Bartercard franchises in Mobile (Alabama), Portsmouth (New Hampshire) and Savannah (Georgia). Mr Paul Bolte, President and Chief Executive of Bartercard USA, said of the new franchisees: “Bartercard is pleased to see our franchise growth strategy working, as we have now brought on […]

DETAIL
Jul
27

Coinbase expands to Australia

We are excited to announce that Coinbase has expanded its services to Australia. Customers in Australia can now buy bitcoin and ether using their credit and debit cards. We’re focused on creating an open financial system for the world, allowing people to easily buy and sell digital currencies anywhere in the world. Along with this launch in Australia, we are also making the ETH/BTC trading pair available on our professional trading platform GDAX to customers in Australia. To get started, visit the “Trade” page on Coinbase.com or tap on “Buy” or “Sell” options in our iOS or Android apps to add a credit or debit card and buy digital currency. […]

DETAIL
Jul
26

Robo-advice and mobile alerts are the future of banking

New app aimed at reducing trader errors, while Westpac banks on bots. Banks and financial institutions are ramping up competitiveness and improving their mobile offerings in an effort to maintain and assist customers, traders and employees. A new report by US market research company Forrester says banks will increasingly use banking apps to provide money management tips to consumers, the SMH reported. This sentiment has been realised in Australia. A team of behavioural finance and math experts launched the first ever robotic trading coach, PsyQuation. The robo coach provides a feedback loop alert system that points out costly trading mistakes. How traders interact with the alert and the ways in […]

DETAIL