Kinetic Securities
 | |
| Company type | Private company |
|---|---|
| Industry | Financial services |
| Founded | 2006 |
| Defunct | August 1, 2011 |
| Fate | Liquidation |
| Headquarters | , |
Key people | Paul Cheyney, managing director, Angus Knight, executive director |
| Products | Advisory Service Stockbroking, Online Trading, FX, Private Equity & Pre-IPO, SMSF Administration |
| Website | www |
Kinetic Securities was an Australian financial services firm that facilitated the trading of shares, equities, derivatives and FX on the Australian Securities Exchange (ASX) & international markets.
Headquartered at 23-25 O'Connell Street in the financial district of Sydney, the firm had developed strong relationships with many leading financial institutions in Australia, New Zealand and the Asia Pacific region.
On 1 August 2011 Kinetic Securities entered into voluntary insolvency, and no longer answered phone calls.[1]
History[edit]
Founded in 2006 by Paul Cheyney and Angus Knight, it was initially established as a boutique advisory firm.
Kinetic Securities grew through the addition of experienced analysts and brokers to provide advice across all major asset classes.
In 2009, Kinetic Securities teamed up with accounting and audit firm Searle & Charlton, to offer a Self Managed Superannuation administration service.[2]
In August 2011 the company closed after entering voluntary insolvency after the financial regulator, Australian Securities and Investments Commission suspended their license.[1]
References[edit]
- ^ a b "Kinetic Securities calls in administrators". The Sydney Morning Herald. 8 August 2011.
- ^ "Kinetic Securities offers SMSF administration". InvestorDaily. 7 September 2006. Archived from the original on 27 October 2009.