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Showing 71 - 80 of 402 results for "Clearing"

ASX sued by ASIC for alleged misleading statements

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... commenced proceedings in the Federal Court against the ASX, for allegedly making misleading statements related to its Clearing House Electronic Subregister System (CHESS) replacement project. ASIC has alleged statements made in ASX announcements on 10 ...

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
ASIC has released a consultation paper on proposed rules to facilitate competitive outcomes in cash equity clearing and settlement (CS) services provided by the ASX Group. The corporate regulator's release of the consultation paper marks the first exercise ...

Future Fund hires Fortlake investments deputy

ELIZABETH FRY  |  MONDAY, 29 JUL 2024
... officer Tiffany Heath. Heath split her last 18 years between Goldman Sachs and UBS running derivatives execution and clearing for Australia and New Zealand. "Humbled to join the incredibly talented team, achieving outstanding absolute returns. I look ...

Challenger executive joins Bell FG

KARREN VERGARA  |  MONDAY, 22 JUL 2024
... In May, Bell FG launched Tandem Securities, a platform that provides wholesale and institutional clients with trading, clearing, and investment services.

Chinese property market to stabilise

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... process in which the authorities may be pushed to add incremental resources, combined with the market's slow natural clearing process as excess supply gets worked down, leading to the stabilisation of the market at a low level over a six to 12-month ...

The rising role and risks of generative AI

ANDREW MCKEAN  |  WEDNESDAY, 15 MAY 2024
... he considers "fluffy," he believes there's "massive ongoing deepening" in back-office functions such as treasury and clearing. "When it comes to generative AI, you may have noticed from today's discussions and previous conferences, including markets ...

Bell Financial Group launches Tandem Securities

ANDREW MCKEAN  |  TUESDAY, 14 MAY 2024
... today launched Tandem Securities, an end-to-end platform that provides wholesale and institutional clients with trading, clearing, and investment services. Bell Direct chief executive Lee Muco told Financial Standard at the Stockbrokers and Investment ...

Government proposes framework for clearing and settlement services regulation

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
... released the Corporations and Competition (CS Services) Instrument 2024, a new legislative proposal aimed at regulating clearing and settlement (CS) services. The proposed instrument, issued under the authority of assistant treasurer Stephen Jones, outlines ...

ASX selected to develop local carbon exchange

RACHEL ALEMBAKIS  |  FRIDAY, 12 JAN 2024
... development of a carbon exchange to launch later this year. The carbon exchange is intended to allow for the trading, clearing and settlement of Australian carbon credit units (ACCU). CER first sought expressions of interest for participants to develop ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... Kraken Crypto Exchange for operating its trading platform as an unregistered securities exchange, broker, dealer, and clearing agency. According to the SEC, Kraken has made hundreds of millions of dollars unlawfully facilitating the buying and selling ...