ASX will lower fees for clearing participants in its interest rate futures and over-the-counter (OTC) clearing business from October. more
The Australian superannuation system could be strengthened by new, industry-led reporting standards consisting of essential information for members, and a certification scheme to match individuals’ retirement needs to best-match retirement products, according to EDHEC-Risk Institute. more
ASX Group have agreed to improve several areas of operation, including technology, monitoring and enforcing compliance, and clearing and settlement as a result of the Australian Securities and Investments Commission’s (ASIC) annual assessment report of the exchange. more
The financial services industry is moving on from a period of regulatory reform and must focus on innovation to drive productivity and growth, according to DST Global Solutions and the Financial Services Council (FSC). more
Chi-X Japan has announced that two local brokers, Yamawa Securities Co, and Ark Securities Co. have commenced trading on Chi-X Japan. more
First State Super has adopted MSCI’s BarraOne multi-asset class risk management and performance attribution platform. more
Computershare will buy Homeloan Management Limited (HML) from Skipton Building Society in the UK for £47.5 million plus adjustments. more
Fund managers are seeking to outsource dealing to third party providers as they diversify into new markets, asset classes and currencies, according to BNP Paribas Securities Services. more
SunGard Australia has hired Grant Ives to the newly created role of director insurance solutions. more
National Australia Bank (NAB) is “undertaking discussions” with global custody providers “regarding potential options for the future operations of the NAB Asset Servicing” custody business. more
The median superannuation growth fund gained 12.8% during the 2013/2014 financial year, according to Chant West. more
There will be a surge in collateral management requirements and the number of margin calls is expected to increase five to ten times on present levels, according to BNP Paribas Securities Services. more
Sydney will host Sibos 2018, New South Wales Deputy Premier and Minister for Trade and Investment Andrew Stoner has announced. more
With the first phase of T2S implementation now less than one year away, how well prepared do you consider your organization to be?
When President George W. Bush signed the Emergency Economic Stabilization Act of 2008 (H.R. 1424)...
CURRENT ISSUESummer 2014