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Showing 591 - 600 of 819 results for "Settlement"

Market Wrap

AAP  |  TUESDAY, 19 JUN 2012
... releases the minutes of its June 5 board meeting. In equities news, The Federal Court sits in Melbourne to approve recent settlement in Centro class action, while Swift Resources Ltd lists on the ASX. In Australia, the market on Monday gained almost ...

Equity clearing and settlement discussion paper released

MELANIE TIMBRELL  |  MONDAY, 18 JUN 2012
... Treasurer Wayne Swan has announced new consultations on the regulatory framework for competition in the clearing and settlement functions of the Australian equity market. The consultation announcement comes as a discussion paper on how regulators should ...

Trio investor secures damages from adviser

BEN COLLINS  |  FRIDAY, 8 JUN 2012
... resolved," Culleton told the ABC. Culleton declined to comment on the amount his client received in the out of court settlement, but said she has now recouped a "significant amount" of what she lost. "This highlights that trustees and self managed super ...

J.P Morgan launches automated fund platform

RACHEL DAVIS  |  THURSDAY, 7 JUN 2012
J.P. Morgan has launched a fully automated fund routing and settlement service in response to demand from institutions and super funds for greater efficiency in placing and tracking transactions. Over 80% of transactions for unlisted unit trusts and ...

CalPERS awards Citi $28bn in securities lending assets

RACHEL DAVIS  |  THURSDAY, 31 MAY 2012
... hedging, acts as a useful tool for risk management in trading and investment strategies and helps to facilitate timely settlement of securities, according to eSecLending. The balance of securities on loan at the end of April 2012 exceeded US$1.9 trillion ...

ASX launches Equity OTC Clear service

LINDA HAUSKEN  |  TUESDAY, 29 MAY 2012
... their regular ASX-listed equity options," Stocken said. Other benefits of the service include the creation of overnight settlement prices for OTC contracts by ASX and the ability for investors to deal with multiple brokers to achieve netting-out efficiencies ...

Centro MCS proposes DPF wind-up

MELANIE TIMBRELL  |  FRIDAY, 11 MAY 2012
... after which time Centro MCS is entitled to begin the wind up. Centro Retail Australia was involved in a $200 million settlement earlier this week in a class action, with the property investor contributing $85 million of the total. The class action was ...

Superannuation needs more regulatory resilience: ASIC

MELANIE TIMBRELL  |  MONDAY, 20 FEB 2012
... two information sheets governing how ASIC approaches enforcement and when it would pursue a criminal approach over a settlement option in addition to when ASIC may comment publicly on investigations. "The enforcement guide is about letting Australians ...

Market Wrap - Morning

AAP  |  FRIDAY, 10 FEB 2012
... Thursday as signs strengthened of an imminent deal that would ease Greece's debt problems, and major US banks reached a settlement over foreclosure abuse allegations. The Dow Jones Industrial Average finished up 6.66 points (0.05 per cent) at 12,890.61. ...

Australia Day honours for industry leaders

RACHEL DAVIS  |  FRIDAY, 27 JAN 2012
... his leadership role in the financial services industry through his involvement in the development of the ASX Shares settlement system, the development of the Master Custody system in Australia for Super funds and later the Founder in 1994 of the Australian ...