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OTC derivatives under fire as ASIC probes retail product marketing

In a review of financial product issuers’ compliance with requirements meant to ensure complex and high-risk investments are kept out of the wrong hands, the regulator found room for improvement – and reminded issuers of its enforcement powers.

Lisa Uhlman | 13th Sep 2023 | More
eToro sued for marketing high-risk CFDs to unsophisticated investors

In an August 2 lawsuit, ASIC says the online investment platform improperly targeted unsophisticated investors for volatile and risky contract-for-difference products, which 77 per cent of its retail clients lose money on.

Lisa Uhlman | 4th Aug 2023 | More
Musk’s takeover deal: A positive for Twitter but a negative for Tesla

Elon Musk’s last-minute decision to revive his original $44 billion buyout of Twitter Inc. sees its shares up 23 per cent but Tesla shares down 16 per cent last week.

Ishan Dan | 11th Oct 2022 | More
  • Which stocks are benefiting from fast money?

    Share trading platform eToro was able to show which global companies recorded the biggest increase and decrease in shareholders on its platform during Q2. Here are the top and bottom ten companies.

    Ishan Dan | 6th Jul 2022 | More
    Dividends set to return to 85% of pre pandemic levels in 2021

    The Australian stock market has long been known as the place to be for income-loving investors. Why? Because company dividend yields in Australia are amazingly high. The dividend yield for 2021 and 2022 is forecast to be 4%-5% plus franking, compared to cash rates and fixed-interest products yielding below 1%. According to Morningstar, S&P/ASX 200…

    Ishan Dan | 2nd Jun 2021 | More
    Electric vehicles, vaccines among most traded – eToro

    Global multi-asset investment platform eToro has revealed its Top Ten most-bought stocks by Australian retail investors. 2021 portfolios look very similar to those of 2020 as investors pile into a mixture of high-growth stocks in industries such as electric vehicles (EVs) and the sharing economy, as well as stocks that support the global pandemic relief efforts….

    Ishan Dan | 15th Jan 2021 | More