Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 325 results for "Clearing"

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... in a FMI failure crisis. Under the reforms, the Reserve Bank of Australia (RBA) will be able to manage a failure at a clearing and settlement facility. There will also be a facility for the RBA to draw up to $5 billion per event as a last resort measure ...

ANZ profits up 45%, dividends double

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
... third largest home lender after adding 92,000 new home loan accounts. In institutional business, its market share in clearing services in Australia and New Zealand grew to 58% from 50% at November end. "While many households and businesses are still ...

Cboe Chi-X takeover progresses

ELIZABETH MCARTHUR  |  TUESDAY, 27 APR 2021
... around ETFs and everything else." With Cboe taking over Chi-X, Jokovic said the ASX will have serious competition on clearing lists, corporate listings and derivatives business. "Now you'll have a bulge bracket exchange on the ground in Australia in ...

OpenMarkets raises $10m, moves up ranks

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAR 2021
... company for IPO and are excited about delivering strong returns for our investors." OMG services over 180,000 accounts, clearing more than $50 billion in annualised volume. From February 2020 to February 2021, monthly trading volume increased 228%, OpenMarkets ...

Aged care RC unveils 148 recommendations

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... aged care levy; establishing a registration of personal care workers; professionalising the aged care workforce; and clearing the Home Care Package waiting list by immediately increasing the packages available. The Health Services Union commented that ...

ACCC merger reforms may impact super industry

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
... economy," Sims said. "Increasingly the uncertainty inherent in the forward-looking merger test has become a reason for clearing mergers." An ACCC spokesperson confirmed to Financial Standard that not only does the ACCC have the power to prevent mergers ...

Chi-X bolsters executive team

ELIZABETH MCARTHUR  |  MONDAY, 25 JAN 2021
... decade. His positions included general manager of listing operations, senior manager of market access and manager for clearing and settlement operations. "We are excited to welcome John to the Chi-X team. His deep knowledge of financial technology systems ...

Vale Chi-X founder

ELIZA BAVIN  |  MONDAY, 25 JAN 2021
... large multibillion dollar competitor." Fowler qualified as a computer programmer in 1969 and joined the London Produce Clearing House, which subsequently became the International Commodities Clearing House (ICCH) and then LCH. In 1986, Fowler transferred ...

Bell Financial Group profits up 44%

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
... capital markets, research, portfolio administration and superannuation), third-party platform (including third-party clearing and share trading for institutions, financial planners, private clients), and Bell Porter Capital (margin lending, cash accounts ...

BNP Paribas wins custody mandate

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... local sub-custody services. Clearstream currently has a partnership with BNP Paribas Securities Services, which provides clearing and custody services across the Euronext stock exchange and Turkish markets. "Together with our recently opened Clearstream ...