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Showing 11 - 20 of 20 results for "Clearing and settlement services"

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... ACCC has new arbitration powers to oversee disputes about the "terms and conditions of access to clearing and settlement services subject to a Ministerial Declaration". Secondly, the bill gives the First Home Super Saver Scheme more flexibility. This ...

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
... The Australian government has released draft legislation aimed at promoting competition in the clearing and settlement services market. Under the proposed legislation, ASIC will have the authority to create regulations to encourage competition while ...

ASX names new managing director

CASSANDRA BALDINI  |  THURSDAY, 2 JUN 2022
... more than 20 years' experience in cash equity and debt markets, listed and OTC derivatives, and clearing and settlement services, including the past almost seven years at ASX. Prior to joining ASX, she was based in London where she was a managing director ...

FinClear to acquire BNY subsidiary

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
... will enable FinClear to expand its services to larger stockbrokers. FinClear provides trades, clearing and settlement services, as well as technology solutions to wholesale intermediaries seeking access to the ASX. "As an existing client of FinClear ...

AUSIEX launches, announces leadership team

KARREN VERGARA  |  TUESDAY, 8 JUN 2021
... wholesale brokerage that includes equities execution and administration services, as well as clearing and settlement services. In June, it partnered with LAB Group for a white labelled client-onboarding solution. LAB Group will accelerate registration ...

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

ALLY SELBY  |  MONDAY, 7 SEP 2020
... 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 the flat $5 brokerage rate. ...

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 ...

ASX responds to CFR regulatory expectations

KERRIE SYDEE  |  WEDNESDAY, 12 OCT 2016
... statements released by CFR were: Regulatory Expectations for Conduct in Operating Cash Equity Clearing and Settlement Services in Australia; and Minimum conditions for Safe and Effective Competition in Cash Equity Clearing in Australia

Treasurer opens doors to ASX competition

ALEX BURKE  |  FRIDAY, 1 APR 2016
... Scott Morrison has announced the Government's reform package to allow competition in Australia's clearing and settlement services. Arguing that "open and competitive markets" are "fundamental to a vibrant 21st century economy," Morrison referred to the ...

ASX builds rival platform take on Chi-X

ELISE BURGESS  |  WEDNESDAY, 16 MAR 2011
... secured a new trade acceptance service (TAS) that is ready for use that will provide access to clearing and settlement services for Chi-X and any other new market operator. The ASX said the TAS will allow it to perform trades on Chi-X's market in the ...
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