Business
Magellan buys front-row seat to CHESS makeover – The Australian Financial Review
Magellan says its $20 million backing of FinClear is because the clearing outfit is ‘at the forefront of what’s happening and deeply engaged with the ASX’.
FinClear “is effectively looking to link right into the plumbing of that evolving exchange”.
Mr Douglass suggested a lot could be done on product development as a result: “We’ve been looking at this from the outside and often we will just speak to the exchange and things, but having a seat at the table with FinClear, who’s really at the forefront of what’s happening and deeply engaged with the ASX and Chi-X and others, we think is in our interest.”
He added cryptically: “There’s things we’re looking…
-
Noosa News22 hours agoKatter and pregnant wife crash-land plane in outback Qld
-
Noosa News21 hours agoFollowing Up Hottest 100 of Australian Songs Success with a Second Documentary About Your Life and Career: Jimmy Barnes Talks ‘Working Class Man’
-
Business10 hours agoWhy did this ASX 200 healthcare stock crash 14% yesterday?
-
General18 hours agoRussia launches hundreds of drones and missiles against Ukraine in fresh attack