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Showing 161 - 170 of 402 results for "Clearing"

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. ...

Crypto scams bite UK

HARRISON WORLEY  |  TUESDAY, 21 MAY 2019
... crypto and forex scams so far in FY18/19. The FCA said crypto and forex scam reports more than tripled in the last year, clearing 1800. According to the UK's national fraud and cyber-crime reporting centre, Action Fraud, on average victims were scammed ...

J.P. Morgan introduces digital currency for instos

JAMIE WILLIAMSON  |  FRIDAY, 15 FEB 2019
... said it is too early to assess the ultimate impact blockchain could have on its other businesses, such as custody and clearing and settlement. However, it is working with a range of clients around the world to determine viability.

ASIC gears up for Brexit

KANIKA SOOD  |  MONDAY, 11 FEB 2019
... over from ESMA, in relation to non-UK counterparties. ASIC said it will update its information sharing arrangements on clearing and settlement facilities with the BoE. ASIC and Reserve Bank of Australia are working with the BoE, who has confirmed it ...