All Entries Tagged With: "Australia"
ASIC Provides Direction on Market Structure Reforms
ASIC announced April 3 it has refined its proposals for market structure reform and issued a timetable for implementing the regulatory framework. Based on feedback on the key issues impacting market structure outlined in Consultation Paper 168 Australian equity market structure: Further proposals (CP 168), ASIC has revised its proposals, to: On automated trading – [...]
ASX 25th Anniversary
The 1 April 2012 marks the 25th anniversary of the creation of ASX, when Australia’s six state-based exchanges put aside decades of rivalry to form a single liquid, transparent and globally competitive national stock market. Made possible by federal legislation, the momentous event paved the way for many other significant ASX milestones, including the adoption [...]
ASIC Releases Exchange Traded Funds Report
ASIC released a report on exchange traded funds (ETFs) March 29 which outlines how this growing industry is regulated in Australia and the impact of proposed international principles to address concerns by overseas regulators. Report 282 Regulation of Exchange Traded Funds ( REP 282), explains ASIC’s current understanding about the operation of ETFs and ongoing [...]
Roderic Holliday-Smith New ASX Chairman
The ASX Board has elected Mr Roderic (Rick) Holliday-Smith to succeed Mr David Gonski as Chairman of Directors. Mr Gonski is resigning as a director of ASX effective March 28 and will take up his appointment as Chair of the Future Fund Board of Guardians on 3 April 2012. Mr Holliday-Smith was appointed a director [...]
ITG Launches POSIT Alert Buyside Block Crossing for Asia and Australia
ITG a leading agency research broker and financial technology firm, announced March 27 the launch of POSIT Alert® for Australia, Hong Kong and Japan trading. POSIT Alert is a premier global platform for sourcing large blocks of liquidity, actively alerting buyside traders to liquidity that matches orders on their trade blotter. Buyside traders use POSIT [...]
LSE in Blue-Chip Talks With SGX and ASX
The London Stock Exchange Group is in talks with exchanges in Singapore and Australia to trade shares listed on each others’ bourse, the Financial Times reported, citing unidentified people familiar with the matter. LSE last week agreed to buy clearing house LCH.Clearnet Group, and that business would clear Singapore stocks traded in London and UK [...]
netwealth Investments Limited Live and Trading on Calastone in Australia
Calastone, the independent transaction network for the managed funds industry, announced March 12 that investment and Superannuation platform provider netwealth had commenced transacting managed funds over the Calastone Transaction Network. Calastone joint founder, Kevin Lee, said he was delighted to welcome netwealth on to the network. “Since we launched in Australia in January we’ve been [...]
Goldman Sachs Launches SIGMA X Australia
Goldman Sachs Electronic Trading (GSET) announced March 12 the expansion of its global crossing capabilities with the launch of its SIGMA XTM Australia alternative liquidity pool into the Australian market. As an alternative liquidity pool, SIGMA X Australia connects a broad range of liquidity participants from offshore and domestic sources, including institutional long only investors, [...]
Liquidnet Australia Sets New Trading Record in February
Liquidnet, the global institutional trading network set a trading record in Australia during February 2012, trading close to A$1 billion in member trades. This record comes as Liquidnet celebrates its four-year anniversary of trading in Australia. “For the last four years, we have been providing leading asset management firms around the world and in Australia [...]
ASX Group Monthly Activity Report February 2012
The value of ASX-listed stocks, as measured by the All Ordinaries Index, rose 1.4% in February 2012. This performance was slightly below rises in other major markets, including Japan up 10.5%, Hong Kong up 6.3%, Germany up 6.1%, the US up 4.1%, the UK up 3.3% and Singapore up 3.0%. Volatility measures for the Australian [...]
