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Showing 71 - 80 of 387 results for "Clearing"

Australian Retirement Trust completes Woolworths, Endeavour merger

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
Australian Retirement Trust (ART) has finalised its merger with Woolworths and Endeavour Group, adding over 25,000 new members. Following the successor fund transfer (SFT) with Woolworths and Endeavour, ART's funds under management increased by ...

HSBC committed to local custody arm despite rapid decline in assets

JAMIE WILLIAMSON  |  TUESDAY, 22 AUG 2023
... under custody, and in many markets throughout Asia we are the only international bank offering sub-custody and securities clearing services," they added. This growth in assets invested offshore follows HSBC's partnership with the Australian Institute ...

ASX appoints former ASIC chair to lead advisory group

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
Alan Cameron will serve as independent chair and lead the stakeholder group responsible for advising the ASX's clearing and settlement boards during their efforts to rectify the CHESS replacement debacle. The ASX said members of its advisory group ...

Review forces ASX to fix intra-group conflicts

KARREN VERGARA  |  MONDAY, 31 JUL 2023
... Conflicts Management Policy and Conflicts Management Handbook should be updated - or a separate resource for the ASX, and the Clearing and Settlements units should include guidance on intra-group conflicts. Another recommendation is for non-ASX Clearing ...

ASIC to host CHESS replacement roundtable

CHLOE WALKER  |  MONDAY, 17 JUL 2023
... participants of the bourse's choosing. ASIC proposed the group be independently chaired and "advise on significant strategic clearing and settlement issues relating to cash equities trading in Australian markets with a focus on CHESS replacement." ...

Selfwealth chief in sudden exit

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... Openmarkets. However, in April, Selfwealth moved to FNZ Custodians from Openmarkets for its Australian equities execution, clearing and settlements.

FinClear partners with trading platform

KARREN VERGARA  |  WEDNESDAY, 14 JUN 2023
FinClear has won a mandate to provide third-party clearing and trade support services to a global trading platform that recently hit Australian shores. Webull, which has soft launched in Australia, is a market participant of the ASX and Cboe Australia. ...

Co-heads take charge of FI&C at BNP Paribas APAC

ANDREW MCKEAN  |  THURSDAY, 8 JUN 2023
... liquidity solutions. Wootton will cover South Asia and Pacific regions. He'll be responsible for derivatives and execution clearing, digital, global custody, and local custody. The co-heads will report to head of Asia Pacific for securities services ...

Coinbase sued as US crackdown continues

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
... follows Binance being sued just yesterday. The SEC has accused Coinbase of breaking market rules, operating as a broker, clearing agency, and national securities exchange when it was not registered to. It was also charged for failing to register the ...

SEC sues Binance, chief executive

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2023
... Other violations accused include Binance and BAM Trading operating unregistered securities exchanges, broker-dealers and clearing agencies, as well as the unregistered offering and selling of Binance's own stablecoin. In support of these allegations ...