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Showing 81 - 90 of 402 results for "Clearing"

ASX awards settlement, clearing mandate

KARREN VERGARA  |  MONDAY, 20 NOV 2023
The ASX awarded a mandate to a global technology firm that will deliver a product-based clearing and settlement solution so it can proceed with the next phase of the CHESS replacement. The bourse has entered into an agreement with Mumbai-based TATA ...

Bell Financial Group welcomes group head of sales

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
... market, leveraging its range of products, services, and technology solutions. Such solutions include equities execution and clearing, margin lending, structured loan products, portfolio administration services, personal superannuation solutions and third-party ...

BNP Paribas to sharpen efforts down under

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
... said: "BNP Paribas can offer solutions to manage client's derivatives, particularly listed derivatives, execution and clearing, together." "We have also put in place efficient execution to custody solutions for cash equities, whereby the client can ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... advice," he said. The bill also houses two unrelated pieces of legislation. The first facilitates more competition in the clearing and settlement of cash equities traded in Australia, which is dominated by the ASX's ASX Clear and ASX Settlement. ASIC ...

ASIC, RBA set high expectations for ASX

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2023
... strategic issues, particularly with respect to replacing CHESS, until they are communicated to the ASX Cash Equities Clearing and Settlement Advisory Group or Advisory Group. The Advisory Group will in turn provide any recommendations. If recommendations ...

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." ...