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Showing 401 - 410 of 819 results for "Settlement"

Life insurers should fund medical rehabilitation: MLC

KANIKA SOOD  |  MONDAY, 21 MAY 2018
There is division over whether or not private life insurers should be able to fund medical treatments for rehabilitating customers - the subject of a current Parliamentary Joint Committee - with giants like MLC Insurance and AustralianSuper batting ...

FinTech Australia appoints former Uber policy head

ALEX BURKE  |  MONDAY, 21 MAY 2018
... specialising in technology, public policy and regulation. He was previously head of communications and public affairs at Settlement Services International. Prior to that, Kitschke spent nearly three years helping to launch Uber in Australia as head of ...

ASIC wants industry views on short selling

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
... also wants to, in the context of corporate actions, to "allow naked short sales of unissued products during a deferred settlement trading period." The third proposal would allow naked short sales in connection with initial public offering (IPO) sell-downs ...

CBA cops $25 million for BBSW rigging

KANIKA SOOD  |  WEDNESDAY, 9 MAY 2018
... Commonwealth Bank will fork out $25 million to settle its bank bill swap rate rigging scandal, adding to the bank's pile of settlement payouts. CBA will acknowledge it "attempted to engage in unconscionable conduct in breach of the ASIC Act" while trading ...

ASX gives timeline for CHESS replacement

KANIKA SOOD  |  MONDAY, 30 APR 2018
The Australian Securities Exchange has given an arrival date for its much-anticipated trade clearing and settlement system that will replace the older CHESS system. The new distributed ledger technology (DLT) will start clearing trades for the ASX about ...

Digital broker partners for multi-asset trading

HARRISON WORLEY  |  MONDAY, 16 APR 2018
... SelfWealth to access the OpenMarkets API, providing the flat-fee broker with better trading execution and OpenMarkets settlement services. "This integration takes our company to the next level as it will allow us to scale the business more rapidly while ...

Blockchain saving mutual funds US$2.6bn

KARREN VERGARA  |  FRIDAY, 23 FEB 2018
... when using blockchain technology to automate the entire lifecycle of mutual fund transaction - from order placement to settlement and payment. "These results are testament to the impact technology can have on an industry at a global level. Though that ...

Court fines advice firm $7.8m

KARREN VERGARA  |  FRIDAY, 9 FEB 2018
... advice and breached its best interest obligations on several instances since December 2015. At the time, Fuoco reached a settlement with ASIC, agreeing to cease providing financial services for 10 years and pay $100,000 towards the costs of the investigation ...

OpenMarkets appoints executive, announces integration

JAMIE WILLIAMSON  |  TUESDAY, 23 JAN 2018
... partnership between OpenMarkets and SelfWealth. Users of SelfWealth can now access enhanced online trading execution and settlement services via OpenMarkets. The integration will also build scale at SelfWealth and allow it to focus on innovation. Redpath ...

Global fintech firm to launch in APAC

ALEX BURKE  |  WEDNESDAY, 10 JAN 2018
... buy-side and sell-side, inter-dealer brokers, listed and over-the-counter liquidity venues, market data vendors and settlement firms. "With greater collaboration and mobility among front, middle and back offices a critical dynamic for an expanding population ...