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Showing 71 - 80 of 325 results for "Clearing"

Capital raisings, trading volumes up in June

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... in June 2019. Similarly, single stock options were also down in the month, falling 26% compared to June 2019. However, clearing - exchange traded markets lifted during the year, with total cash margins held on balance sheet at the end of the month hitting ...

Financial institution charged over Epstein scandal

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
... FBME failed to properly monitor the activities of foreign bank clients with respect to their correspondent and dollar clearing business. "Danske Estonia, which is at the center of one of the world's largest money laundering scandals, suffered from ...

ASIC cracks down on investment manager

ALLY SELBY  |  MONDAY, 15 JUN 2020
... capital markets services, asset-backed products and commercial real estate finance. It also provides futures execution and clearing services, as well as equity derivatives and product distribution solutions. Going forward, the firm "must appoint an independent ...

Sequoia to acquire wealth group

KANIKA SOOD  |  MONDAY, 1 JUN 2020
... accepting this offer." On completion, the transaction will add about 5,500 equity accounts to SEQ's execution and clearing business Morrison Securities and about $1 billion in funds under advice. In revenue terms, it translates to an additional $4 ...

Boom time for exchanges

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
... quarter, as the markets became more volatile. Exchanges generate their revenues from trading-related fees (like transaction, clearing, settlement, depository and broker services) and non-trading-related fees (like data and listings). As volatility spiked ...

TradeFloor acquires tech solutions

ALLY SELBY  |  MONDAY, 11 MAY 2020
... operated for more than seven years, [OpenMarkets] boasts 57,000 clients and is the largest independent, non-bank aligned ASX Clearing and Settlement Participant," it said. "Tchourilov and Janiczak have acquired a 50% stake of OpenMarkets Group, which ...

Former Link Fund Solutions operations lead in new role

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... industry." Prior to his role at Link, Christopher was managing director, custody services at One Investment Group and head of clearing, custody services and product for BNP Paribas Securities Services Australia and New Zealand. Calastone chief executive ...

Investment manager criminally charged

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
... each of the charges is around $45,000. SGSA provided financial services in equity derivative sales, prime services and clearing, and provided a range of financial products including ASX24 futures and options and OTC ('over the counter') derivatives. ...

Philippines halts all trading

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
... executive of the PSE said: "Please be advised that there will be no trading at The Philippine Stock Exchange, Inc. and no clearing and settlement at the Securities Clearing Corporation of the Philippines starting tomorrow, March 17, 2020." "This is in ...

Bell FG appoints director, releases FY results

ALLY SELBY  |  FRIDAY, 21 FEB 2020
... providing these services to external third parties," he said. He said TPP has applied to the ASX to become a General Clearing Participant, enabling it to clear Bell Group members as well as external third parties and is expecting formal approval shortly. ...