All Entries in the "Westpac" Category
ASX Fines Westpac Securities $50,000
The ASX Disciplinary Tribunal (‘the Tribunal‘) has imposed a fine of $50,000 (plus GST) on Westpac Securities Limited (‘WSL’) for the incorrect treatment of certain Application Monies and Additional Margins contravening the following ASX Market Rules: a) ASX Market Rule 7.11.1 – WSL failed to comply with the relevant provision of the Corporations Act 2001 [...]
Westpac Banking Corporation Selects Orc Trading Solution for Warrants Market Making
Orc Group AB, a leading provider of technology and services for the global financial industry, today announced Westpac Banking Corporation has deployed Orc Trading to support its options trading and warrants market making operations on the Australian Securities Exchange (ASX). The order was booked in Q1, 2011, and the contract is based on Orc’s licensing [...]
