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OpenMarkets raises $10m, moves up ranksBY JAMIE WILLIAMSON | WEDNESDAY, 10 MAR 2021 10:35AM
OpenMarkets is set to list later this year, having secured $10 million in a pre-IPO fund raise as it overtook CMC Markets as second-largest retail broker in Australia.
Read more: CMC Markets, OpenMarkets Group, Ivan Tchourilov, CommSec, Marketech, SelfWealth, Stockspot, Superhero
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Hostplus and Intrust Super have finalised their merger, as first reported by Financial Standard in May.
A $2 billion industry fund has reduced its insurance premiums by more than 17%.
Perpetual Asset Management Australia launched one active ETF and is gearing up to launch a second.
La Trobe Financial has been fined for misleading investors in its $5 billion fund.
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