ASIC ready to wield new power on ASX to force CHESS competition
The corporate regulator will move “very quickly” to make sure the new ASX clearing and settlement system allows in rivals.
Source: afr.com
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Welcome to the future
FinClear founder and managing director David Ferrall is once again at the forefront of exciting technological change that will revolutionise share market trading. This time around, he tells Karren Vergara how FinClear is getting on the front foot.
Source: financialstandard.com.au
New CHESS advisory group 'won't be railroaded' by ASX
Former ASIC chairman Alan Cameron said a review of ASX’s design of a new CHESS system won’t make a decision “until we have the information we need to make it”.
Source: afr.com
Is another CHESS advisory group already coming off the wheels?
The ASX continues to face regulatory opprobrium and an embarrassing loss of face among the investing community. A new oversight body has its work cut out.
Source: afr.com
FinClear buys cash investment platform
Adding to its growing suite of services, FinClear acquired Transact1, a cash investment solution used by both wholesale and institutional investors.
Source: financialstandard.com.au