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Showing 141 - 150 of 402 results for "Clearing"

DTCC launches advisory service

KARREN VERGARA  |  FRIDAY, 9 OCT 2020
Global clearing and settlements firm The Depository Trust & Clearing Corporation is launching a new consulting service. DTCC Consulting Services helps clients with post-trade business operations, which includes providing initial infrastructure diagnostics ...

RBA, ASIC provide CHESS guidance

ALLY SELBY  |  FRIDAY, 2 OCT 2020
ASIC and the Reserve Bank of Australia have outlined their expectations for the replacement of ASX's clearing and settlement system CHESS, as it shifts towards more contemporary and flexible software. The importance of replacing the system in a timely ...

ASX director retires

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
... committees. The ASX confirmed that Warne will remain the chair of Austraclear and a director of ASX Clear (Futures), the ASX clearing and settlement licensees for Australia's derivatives, OTC and debt markets. He will also remain a director of the ...

VFMC director nabs global role

ALLY SELBY  |  TUESDAY, 15 SEP 2020
... Wellington Management Company), Geoffrey Ng (Malaysia, Fortress Capital Asset Management), Tricia Rothschild (US, Apex Clearing), and Zouheir Tamim El Jarkass (United Arab Emirates, Mubadala Investment Company).

It's not a bird or a plane; it's a new trading platform

ALLY SELBY  |  MONDAY, 7 SEP 2020
... settlements at the end of each trading day to reduce settlement costs, using OpenMarkets' for its trade execution, clearing and settlement services. These cost savings are then passed onto members, Superhero's website says, allowing it to offer ...

ASX reviewing CHESS replacement feedback

ALLY SELBY  |  THURSDAY, 6 AUG 2020
... only a few exceptions who have requested more information on particular issues. CHESS users are organisations including clearing and settlement participants, product issuer settlement participants, approved market operators, back office software developers ...

SelfWealth awards brokerage mandate

ALLY SELBY  |  TUESDAY, 4 AUG 2020
ASX-listed trading platform SelfWealth has renewed its clearing, settlement and execution (CS&E) mandate with retail broker OpenMarkets, in a move that it says demonstrates the two fintech's shared objective of disrupting the status quo. The agreement ...

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 ...