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Showing 261 - 270 of 402 results for "Clearing"

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 ...

Break ASX clearing monopoly: Chi-X

LINDA HAUSKEN  |  MONDAY, 20 AUG 2012
The Chi-X 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. Clearing refers to all activities from the time a commitment is ...

ASX flags concerns over losing single operator status

LINDA HAUSKEN  |  TUESDAY, 14 AUG 2012
The Australian Securities Exchange raises a red flag over any loss of its current monopoly on clearing and settlement - claiming the country's financial market stability might be at risk. Up until now the ASX have been the single operator of clearing ...

Double A USA - the scare that wasn't

BENJAMIN ONG  |  TUESDAY, 7 AUG 2012
Financial markets have again become Eurocentric - bobbing up and down on every blah that comes out of anybody who's somebody's lips. I don't think anybody could argue that Italian Prime Minister Mario Monti is somebody. Thus, when he blahed to Germany's ...

StatewideSuper re-signs Bravura

LINDA HAUSKEN  |  THURSDAY, 19 JUL 2012
... of self-service transactions and reports for its members and employers. "Our superannuation software combined with our clearing house capability provides StatewideSuper with a SuperStream compliance solution for the processing of contributions electronically. ...

MLC MasterKey Business Super wins $34m in mandates

MELANIE TIMBRELL  |  TUESDAY, 3 JUL 2012
MLC MasterKey Business Super has won three corporate super mandates worth $34 million. The employers who have just signed on to MasterKey Business Super are McMillan Shakespeare, Kentz Engineering and Swisse Vitamins. The $34 million boost would take ...