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Showing 81 - 90 of 325 results for "Clearing"

Former Challenger executive joins ASX board

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... businesses," ASX chairman Rick Holliday-Smith said. "Rob has served for the past four years as a director on our subsidiary clearing and settlement boards, including as Chairman of ASX Clear Pty Limited and ASX Settlement Pty Limited, the licensees for ...

Pershing Securities breaches client money obligations

ALLY SELBY  |  WEDNESDAY, 11 DEC 2019
Pershing Securities Australia has been charged after breaching client money obligations. The clearing and settlement solutions provider was charged with two counts of failing to pay client money into an account and one count of failing to comply with ...

Chi-X forced to be client of competition

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... that in a recent report the International Monetary Fund (IMF) said there would be significant benefits to separating the clearing and settlements functions within the ASX. The report Somes referred to was published in February this year, in which the ...

SMSFs can meet aspirational lifestyle: Research

HARRISON WORLEY  |  TUESDAY, 22 OCT 2019
... funding a lifestyle worth $82,400 a year, while singles in SMSFs are on track to achieve lifestyles worth $65,300, easily clearing ASFA's comfortable retirement standards. "However, our previous research has shown that many SMSF trustees are hoping to ...

IOOF expands advice team

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2019
... executive in June of this year. IOOF won a court action brought on by APRA in September this year with the Federal Court clearing the wealth company, and its former chief executive, of any wrongdoing in relation to superannuation members.

Northern Trust to clear high-value payments

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
Northern Trust has become a member of Australia's High Value Clearing System (HVCS), which clears big-ticket payments averaging $2.5 million for a total of $100 billion every day. The custody bank will now be able to settle its own high value payment ...

Surprise $56 billion bid for London Stock Exchange

ELIZA BAVIN  |  THURSDAY, 12 SEP 2019
The Hong Kong Exchanges and Clearing has proposed a $56 billion takeover of the London Stock Exchange. In a statement, HKEX said: "The board believes a proposed combination with LSEG represents a highly compelling strategic opportunity to create a global ...

London Stock Exchange in talks to buy Refinitiv

KRISTI CHENG  |  TUESDAY, 30 JUL 2019
... financial news and data empire. It would also transform the LSE, currently best known for running stock exchanges and clearing derivatives, into a more diversified market data and analytics leader. "The combined business would create a leading, UK headquartered ...

Shadforth signs new tech partner

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
Shadforth Financial Group has signed a new partner to provide third-party clearing and settlement services. FinClear will now deliver trading, clearing and settlement services to Shadforth, along with its TradeCentre front-end technology. FinClear chief ...

Zenith acquires New Zealand firm

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 MAY 2019
... New Zealand's exchange and a markets business operating equity, debt, derivatives and energy markets providing trading, clearing, settlement, depository and data services. It owns Smartshares - New Zealand's only ETF issuer - and KwiSaver provider SuperLife. ...