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Showing 241 - 250 of 387 results for "Clearing"

SuperStream data standards superficial

ALEX DUNNIN  |  TUESDAY, 21 MAY 2013
... administrators, known as the Affiliation of Superannuation Practitioners (ASP), is using the Australian Payments and Clearing Association's COIN model as a template. If the SGP is successful they believe it will remove the need for gateways to enter ...

ASIC warns planners, be careful who you hire

JAMES FERNYHOUGH  |  TUESDAY, 7 MAY 2013
... representatives of companies against which ASIC has previously taken action. ASIC has also recently taken action against Clearing & Settlement Services Pty Ltd (CSS), and Halifax Investment Services Ltd (Halifax). In both cases ASIC singled out failures ...

Chi-X opens to all Australian listed stocks

LAURA MILLAN  |  MONDAY, 6 MAY 2013
... first foreign-owned stock exchange operator. The platform wants the ASX to give up control of its current monopoly of clearing and settlement, claiming it will place downward pressure on prices and lead to improved service delivery.

Chi-X matches ASX trade reporting cap

ALICE URIBE  |  MONDAY, 29 APR 2013
... reduced from $6000 to $1000. In August 2012 Chi-X demanded that the ASX to give up control of its current monopoly of clearing and settlement, claiming it would place downward pressure on prices and lead to improved service delivery. In a submission ...

Market Wrap PM

AAP  |  TUESDAY, 9 APR 2013
... by one-off redundancy, termination and impairment costs. Mr Shamu said investors were buoyed by the fact that Ten was clearing its debt and re-aligning itself for the future. Africa-focused miner Sundance Resources plunged 11.2 cents, or 53.33 per cent ...

Securities dealer scales back after ASIC review

LAURA MILLAN  |  THURSDAY, 4 APR 2013
Securities dealer Clearing & Settlement Services (CSS) has downsized its operations after the Australian Securities and Investments Commissions (ASIC) found it had failed to comply with conditions of its Australian Financial Services licence (AFSL). ...

Powerwrap acquires MWH Capital

MARK SMITH  |  THURSDAY, 21 MAR 2013
... platform provider Powerwrap has acquired financial services firm MWH Capital, it was announced yesterday. MWH Capital has a clearing and execution agreement in place with Pershing Limited, a subsidiary of BNY Mellon. Powerwrap chief executive Cormac ...

BNP Paribas expands banking capabilities

LAURA MILLAN  |  TUESDAY, 19 MAR 2013
... Paribas has deployed a broad suite of banking products, including currency hedging, dealing services and derivatives clearing. "After the revamp of our fund administration and unit pricing platforms two years ago and now with the full power of our global ...

Market Wrap - Morning

AAP  |  THURSDAY, 13 SEP 2012
... LONDON - Eurozone stock markets and the euro received a boost from German approval for a new bailout package firewall, clearing a key hurdle in solving the debt crisis. Spanish 10-year benchmark government bonds yields dipped slightly to 5.60 per cent ...

Super roundtable supports small business clearing house

MELANIE TIMBRELL  |  MONDAY, 10 SEP 2012
... A Council of Small Businesses of Australia (COSBOA) proposal to better promote the Government's small business super clearing house has received support from the fourth meeting of the Government's industry superannuation roundtable. Around 32,000 businesses ...