Meet the team: Celina Lam
How did Celina find herself at TRAction? Before joining TRAction, Celina worked as a Marketing Intern at a real estate company, while also working part-time in retail and completing her Master of Media and Communication. Celina has always been interested in finance, so TRAction stood out to her for its innovative approach to simplifying complex […]
Meet the team: Michelle Avarielle Kustedjo
How did Michelle find herself at TRAction? Before joining TRAction, Michelle worked as a Sales Coordinator at a media agency. Throughout her career, Michelle discovered her passion lies not only in marketing but also in sales. She graduated with a degree in Marketing and Finance, and joining TRAction has allowed her to further develop both […]
ASIC’s ‘Nexus Derivatives’ – What are they?
From 20 October 2025 onwards, OTC derivatives with an Australian operational mark may be in-scope under the ASIC Rules and therefore reportable. ASIC and other global regulators (such as FCA, Cysec, ESMA) have made no secret of their desire to protect their local retail clients from investment products that they consider inappropriate for them. They […]
Daylight Saving Time for New York Ends this Weekend
Are you reporting trades by New York (NY) time or following NY close of business? If so, it is important to check your trades/transactions are still reported at the correct time since daylight saving time (DST) ends in the US this weekend (5 November 2023).
Meet the team: Ved Prakash Dubey
How did Ved find himself at TRAction? Before joining TRAction, Ved worked as a Credit Analyst in New York. During his time there, he developed a strong foundation in financial analysis and reporting. Ved was looking for a new challenge in a dynamic, globally focused environment, and TRAction stood out to him as a place […]
Daylight Saving Begins in Australia – What Do You Need to Do?
Daylight Saving Time (DST) starts this weekend (Sunday, 6 October 2024) in Australia for most states. While you enjoy the sun and longer days, you’ll need to check your ASIC OTC derivative reporting is using the correct time settings after the time change.
Meet the team: Priyal Jain
How did Priyal find herself at TRAction? Before joining TRAction, Priyal worked as a Software Developer at a multinational technology company, where she gained experience in system design and development. Priyal was introduced to the opportunity at TRAction by her husband who was already familiar with the company. Priyal’s responsibilities in her role… As a […]
Meet the team: Nikhil Jain
How did Nikhil find himself at TRAction? Before joining TRAction, Nikhil worked as a Full-Stack Developer at a cloud security start-up. The company focused on cloud provisioning and security management for platforms like AWS, GCP, and Azure. His main role was improving both the frontend and backend to make the product smoother and more efficient. […]
Unique client IDs / Duplicate Counterparty 2 Identifiers – ASIC Trade Reporting for CFDs
In the first half of 2025, ASIC engaged with several Australian CFD providers after evidently having done a large-scale analysis of their reported data. One of the main issues raised by ASIC related to ‘Unique IDs’. There still appears to be some confusion in the CFD market around its root cause and resolution. Part of […]
Meet the Team: Melina Theodorou
How did Melina find herself at TRAction? Before joining TRAction, Melina was working as Head of Compliance at a CIF (Cyprus Investment Firm) for 7 years, and then held the position of Executive Director for another 2 years. Melina recalls, “when I decided to leave the forex industry, I met a classmate of mine by […]