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April 26 2022
CHESS Replacement – It’s not about CHESS

CHESS Replacement – It’s not about CHESS

There's been a fair bit of negative press about ASX and CHESS recently - in David Ferrall's view, it's all missing the key point. Check out his article to see why.

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October 18 2021
FinClear signs long-term clearing agreement with Ord Minnett

FinClear signs long-term clearing agreement with Ord Minnett

FinClear has announced that it has agreed a new five-year contract to provide third-party clearing services to Australian wealth management group Ord Minnett.

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October 13 2021
FinClear grows clearing business with Velocity Trade

FinClear grows clearing business with Velocity Trade

The Australian financial technology company, FinClear, today announced that it will provide third-party clearing services to global broker-dealer Velocity Trade.

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June 25 2021
Stake taps FinClear for trading, execution and clearing

Stake taps FinClear for trading, execution and clearing

FinClear has announced that it will provide trading, execution and clearing services via its API broking platform to low-cost equities broker Stake.

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September 11 2023
IC Markets choose FinClear for new Share Trading offering

IC Markets choose FinClear for new Share Trading offering

FinClear are excited to announce it will be providing execution and clearing services via its API broking platform to low-cost equities broker IC Markets for new Australian offering, IC Shares.

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July 10 2023
FINCLEAR PARTNERS WITH WEBULL

FINCLEAR PARTNERS WITH WEBULL

FinClear has won a mandate to provide third-party clearing and trade support services to a global trading platform that recently hit Australian shores.

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February 22 2022
CRESTONE SELECTS FINCLEAR FOR TRADE EXECUTION AND CLEARING

CRESTONE SELECTS FINCLEAR FOR TRADE EXECUTION AND CLEARING

FinClear has announced that it is providing execution and clearing services to Crestone Wealth Management.

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October 18 2021
FINCLEAR SIGNS LONG-TERM CLEARING AGREEMENT WITH ORD MINNETT

FINCLEAR SIGNS LONG-TERM CLEARING AGREEMENT WITH ORD MINNETT

FinClear has announced that it has agreed a new five-year contract to provide third-party clearing services to Australian wealth management group Ord Minnett.

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October 13 2021
FinClear grows clearing business with Velocity Trade

FinClear grows clearing business with Velocity Trade

The Australian financial technology company, FinClear, today announced that it will provide third-party clearing services to global broker-dealer Velocity Trade.

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June 25 2021
Stake taps FinClear for trading, execution and clearing

Stake taps FinClear for trading, execution and clearing

FinClear has announced that it will provide trading, execution and clearing services via its API broking platform to low-cost equities broker Stake.

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May 1 2021
FINCLEAR CONTINUES RELATIONSHIP WITH SHAW & PARTNERS

FINCLEAR CONTINUES RELATIONSHIP WITH SHAW & PARTNERS

We are delighted to continue our relationship with Shaw and Partners, who have been a valued client since our acquisition of Pershing. We look forward to supporting Shaws ongoing growth and bringing ever-enhanced tech solutions to Australia’s financial players.

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January 1 2021
WILSONS RE-SIGNS WITH FINCLEAR

WILSONS RE-SIGNS WITH FINCLEAR

We are delighted to continue to service WILSONS as they re-sign an agreement with FinClear. Like us, Wilsons invests in people and tech to stay ahead.

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March 1 2024
FinClear are proud supporters of this year’s SIAA Conference

FinClear are proud supporters of this year’s SIAA Conference

This two-day annual conference being held on May 14 & 15 in Melbourne, brings together those who work in capital markets and private wealth management, providing valuable professional development opportunities.

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February 22 2024
Clearing the Path: Unravelling the Power of Third-Party Clearing in Australia’s Financial Landscape

Clearing the Path: Unravelling the Power of Third-Party Clearing in Australia’s Financial Landscape

This article delves into what’s been driving the demand for Third-Party Clearing (TPC) services and why FinClear’s significant investments in technology, coupled with its capacity and domestic market expertise make FinClear the ideal partner for any financial organisation looking to meet the demands of today’s complex market requirements.

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February 8 2024
Predictions for brokers in 2024

Predictions for brokers in 2024

The landscape of wealth advisory and broking in Australia is poised for significant transformation in 2024, as various trends shape the industry's future. From AI advancements to digitisation of broking, here are five major trends set to impact the industry.

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November 30 2023
FinClear participates in the ASIC Annual Forum 2023

FinClear participates in the ASIC Annual Forum 2023

It was great to see David Ferrall join the plenary panel discussion at the ASIC forum in Melbourne this week. During this session, fellow panelists Calissa Aldridge from ASIC, Marnie Reid from Computershare and Tony Mackay from XB Market Ventures, discussed how market participants and regulators are harnessing technology.

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November 21 2023
FinClear selects Eventus Validus platform for equities post-trade surveillance

FinClear selects Eventus Validus platform for equities post-trade surveillance

Sydney / New York, Nov. 21, 2023 (Nov. 20, 2023 EST) – Eventus, a leading global provider of state-of-the-art, at-scale trade surveillance software across all lines of defence, and FinClear, Australia’s leading provider of trade execution and third-party clearing services, today announced that FinClear has deployed Eventus’ Validus platform for trade surveillance and post-trade monitoring. 

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October 4 2023
Research reveals high-net-worth women have larger portfolios, generate higher returns than men

Research reveals high-net-worth women have larger portfolios, generate higher returns than men

Sydney, October 4 2023 – New research from FinClear, Australia’s leading independent technology and infrastructure provider for financial market access, has found that Australian High Net Worth (HNW) female investors have larger investment portfolios that achieve greater returns than their male counterparts.

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September 26 2023
TURBOCHARGE YOUR BUSINESS WITH TRADECENTRE ADVISER

TURBOCHARGE YOUR BUSINESS WITH TRADECENTRE ADVISER

FinClear Execution & Clearing Services is delighted to announce its upgraded TradeCentre Advisor is available now. TradeCentre Advisor is an intuitive, out-of-the-box desktop platform, with quick and easy access to trading, market data, watchlist, account and portfolio tools in a single, customisable workspace.

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September 17 2023
The Mandala Group launches ‘Competition in Clearing & Settlement Report’ at the FinClear Forum

The Mandala Group launches ‘Competition in Clearing & Settlement Report’ at the FinClear Forum

On September 14 FinClear hosted 90+ clients, shareholders, regulators and industry experts at the FinClear Forum at MA Financial in Sydney, where it launched the recently commissioned Mandala Report on competition in Clearing & Settlement. As part of FinClear’s ongoing commitment to highlighting the importance of Australia having a world leading Clearing & Settlement system,

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August 1 2023
FinClear acquires cash investment platform Transact1

FinClear acquires cash investment platform Transact1

The acquisition of Transact1 fortifies FinClear's commitment to expanding its offerings and providing cutting-edge solutions to the financial services industry. The combined expertise of the two companies will create unparalleled opportunities for clients seeking reliable and efficient cash investment services.

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June 27 2023
Magellan should return capital to win back investors: Sandon

Magellan should return capital to win back investors: Sandon

Activist investor Sandon Capital says Magellan should abandon its plan to rebuild funds under management to $100 billion, and instead focus on returning at least $300 million to shareholders as part of a broader push to restore investor faith.

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May 15 2023
Second CHESS replacement attempt shows ‘past lessons not learnt’

Second CHESS replacement attempt shows ‘past lessons not learnt’

History is repeating itself as the project to replace the CHESS drags on, say equity market participants, raising fresh concerns that the ASX’s second attempt to upgrade the sharemarket’s post-trading systems lacks sufficient transparency.

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May 10 2023
New Global Blockchain Network of Networks for Financial Market Participants and Institutional Assets

New Global Blockchain Network of Networks for Financial Market Participants and Institutional Assets

The privacy-enabled Canton Network allows previously siloed systems in finance to be interoperable and synchronized in previously impossible ways, unlocking new efficiencies and innovation.Firms including BNP Paribas, Deutsche Börse Group, EquiLend, and Goldman Sachs, among others, already use Canton; industry partners include Capgemini, Deloitte, IntellectEU, Microsoft, and Umbrage.

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May 2 2023
Competition in the provision of clearing and settlement services submission

Competition in the provision of clearing and settlement services submission

Submission to the Australian Treasury - Exposure Draft Legislation 20 April 2023

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May 1 2023
Settlements competition bill could give government too much power: ASX

Settlements competition bill could give government too much power: ASX

Finclear, whose technology settles around half of ASX’s daily retail investor transactions and which is also a potential competitor in clearing and settlement, told Treasury in its submission that the introduction of competition would deliver “substantial benefits” to investors and businesses issuing capital on ASX.

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April 11 2023
REDEFINED PODCAST – THE FUTURE OF EQUITY MARKETS WITH DAVID FERRALL

REDEFINED PODCAST – THE FUTURE OF EQUITY MARKETS WITH DAVID FERRALL

ReDeFined podcast features David Ferrall discussing FinClear and the FCX platform for trading unlisted securities.

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April 6 2023
SUBMISSION TO THE PARLIAMENTARY JOINT COMMITTEE ON CORPORATIONS AND FINANCIAL SERVICES

SUBMISSION TO THE PARLIAMENTARY JOINT COMMITTEE ON CORPORATIONS AND FINANCIAL SERVICES

This submission was accepted and first published by PARLIAMENTARY JOINT COMMITTEE ON CORPORATIONS AND FINANCIAL SERVICES, Oversight of ASIC, the Takeovers Panel and the Corporations legislation.

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April 5 2023
Govt urged to take ASX out of CHESS replacement equation

Govt urged to take ASX out of CHESS replacement equation

The ability of the Australian Securities Exchange (ASX) to competently deliver on a CHESS replacement has been openly questioned by a competitor in the space, FinClear Holdings, in a cutting submission filed with a key Parliamentary committee.

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March 31 2023
Unpicking of the ASX is possible

Unpicking of the ASX is possible

FinClear boss David Ferrall says a move to empower regulators to intervene in ASX disputes may clear the way for rivals to grow market presence.

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March 27 2023
Australia market major backs plan to break ASX monopoly on post-trade functions

Australia market major backs plan to break ASX monopoly on post-trade functions

SYDNEY (Reuters) - A top Australian share trading technology firm backed a government proposal to break stock market operator ASX Ltd's effective monopoly over clearing and settlement, saying its failed software overhaul showed the need for new entrants.

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March 24 2023
Government announces it will intervene in the ASX monopoly and hand regulators more powers

Government announces it will intervene in the ASX monopoly and hand regulators more powers

The federal government will wade into the Australian Securities Exchange’s monopoly, announcing plans that would hand great powers to intervene in disputes around the pricing and operation of financial markets to regulators.

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March 24 2023
Chalmers moves to break ASX monopoly on settlement

Chalmers moves to break ASX monopoly on settlement

Treasurer Jim Chalmers will empower regulators to create competition in the $2.5 trillion equities market, a move that could end the ASX’s monopoly on clearing and settlement after the exchange’s $250 million failure to replace these systems.

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March 9 2023
ANDREA MARANI APPOINTED CEO OF FINCLEAR ECS

ANDREA MARANI APPOINTED CEO OF FINCLEAR ECS

FinClear, Australia’s leading independent technology and infrastructure provider for financial market access; execution, clearing and settlement services, is pleased to announce the appointment of Andrea Marani as CEO of its Execution and Clearing Services, effective 1 March 2023.

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February 24 2023
Companies spent $250m preparing for ASX’s aborted blockchain-based clearing house replacement

Companies spent $250m preparing for ASX’s aborted blockchain-based clearing house replacement

Stockbrokers, share registries and other stakeholders around the ASX have already spent as much as $250m preparing for its stalled blockchain-based replacement program for its CHESS clearing and settlement program, a federal parliamentary committee has been told.

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February 23 2023
ASX’s clearing program must be a high priority

ASX’s clearing program must be a high priority

The announcement from the ASX last Thursday will do little to comfort many stakeholders and regulators in the long-running CHESS replacement saga.

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January 18 2023
How distributed ledger could take you from startup to IPO

How distributed ledger could take you from startup to IPO

It costs a $50mn company about $1.5mn a year to sit on the ASX. FCX offers a holistic lifecycle for companies to go from very early stage through to maturing, with liquidity for shareholders, before they ever have to list.

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December 13 2022
Could this be the future of financial markets?

Could this be the future of financial markets?

ASX dumping its $250 million replacement of the CHESS system has brought a lot of attention to the technology underpinning markets.One of the other players in this space is FinClear, Australia’s leading independent technology and infrastructure provider for financial market access.

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December 9 2022
Digital Asset blames ASX for CHESS debacle

Digital Asset blames ASX for CHESS debacle

Digital Asset, the start-up that was building the new settlement system for the Australian equity market, has declared the ASX must shoulder the blame because it changed the scope of the project and never created a plan to fix core issues as it began to unravel.

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December 7 2022
ASIC chairman demands ASX consult more on CHESS

ASIC chairman demands ASX consult more on CHESS

ASIC chairman Joe Longo says the ASX board needs to act urgently to restore confidence in its ability to deliver a new settlement and clearing system for the equity market.

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December 5 2022
Technology is the solution to ASX’s CHESS troubles

Technology is the solution to ASX’s CHESS troubles

Clearing and settlement modernisation will not succeed without finding a sensible way to introduce new technologies and allow competition with incumbent exchanges.

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December 5 2022
ASX conflicts of interest point to utility model to settle equities

ASX conflicts of interest point to utility model to settle equities

The Australian Securities Exchange’s overly ambitious upgrade of the CHESS system that settles trades in the $2.5 trillion equity market is in tatters.

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November 25 2022
Oz clearing firm FinClear launches FCX blockchain for unlisted stocks

Oz clearing firm FinClear launches FCX blockchain for unlisted stocks

Today FinClear, one of Australia’s largest settlement firms for listed securities, has gone live with a blockchain-based platform for tokenized unlisted securities, FCX.

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November 24 2022
FCX introduces facilities enabling automated equity raising for unlisted companies

FCX introduces facilities enabling automated equity raising for unlisted companies

FCX introduces facilities enabling automated equity raising for unlisted companies & capabilities with Big 4 Bank for investors to make instantaneous, secure investments through digital ledger technology

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November 4 2022
David Ferrall featured in the AFR on CHESS replacement and the progress of FCX

David Ferrall featured in the AFR on CHESS replacement and the progress of FCX

Tony Boyd, Chanticleer Columnist for The Australian Financial Review, makes a valuable contribution to the crucial discussion on our national trading infrastructure.

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September 12 2022
FCX attends Intersekt 2022

FCX attends Intersekt 2022

FCX was a proud sponsor of Intersekt 2022 – Australia’s leading fintech conference.

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August 26 2022
Leading fintech provider, a not-for-profit, and NSW Education join forces to encourage entrepreneurialism in NSW schools

Leading fintech provider, a not-for-profit, and NSW Education join forces to encourage entrepreneurialism in NSW schools

The Sydney office of FinClear welcomed students, teachers, parents, local business owners and event organisers to the Enterprise in the Community 2022 Student Presentation Competition.

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May 18 2022
Tracey Ah Hee joins FinClear Board

Tracey Ah Hee joins FinClear Board

CEO David Ferrall said he was delighted with the appointment as FinClear continues to grow.

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April 19 2022
ifa Podcast with David Ferrall and Dean Jagger on FCX

ifa Podcast with David Ferrall and Dean Jagger on FCX

David and Dean are featured on the ifa podcast to discuss the announcement of the clearing, settlement and wealth management technology and service provider’s new digital facility, FCX.

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April 12 2022
FCX Launch – Livestream video

FCX Launch – Livestream video

The next stage of Australian market evolution is almost here, as FinClear readies for the launch FCX which will change how unlisted companies issue, manage and raise capital.

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February 15 2022
Crestone selects FinClear for trade execution and clearing

Crestone selects FinClear for trade execution and clearing

FinClear has announced that it is providing execution and clearing services to Crestone Wealth Management.

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June 24 2022
It’s not about CHESS – Special Series Part 6

It’s not about CHESS – Special Series Part 6

It's not about CHESS - Special Series Part 6 In this special series, FinClear CEO David Ferrall gives his insights on Australia’s unique market microstructure that will enable rapid uptake of digitised securities, which is a direct result of ASX’s decision almost 30 years ago to promote direct ownership of listed securities via the Holder Identification Number (HIN).

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June 16 2022
It’s not about CHESS – Special Series Part 5

It’s not about CHESS – Special Series Part 5

It's not about CHESS - Special Series Part 5 In this special series, FinClear CEO David Ferrall gives his insights on Australia’s unique market microstructure that will enable rapid uptake of digitised securities, which is a direct result of ASX’s decision almost 30 years ago to promote direct ownership of listed securities via the Holder Identification Number (HIN).

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June 10 2022
It’s not about CHESS – Special Series Part 4

It’s not about CHESS – Special Series Part 4

It's not about CHESS - Special Series Part 4 In this special series, FinClear CEO David Ferrall gives his insights on Australia’s unique market microstructure that will enable rapid uptake of digitised securities, which is a direct result of ASX’s decision almost 30 years ago to promote direct ownership of listed securities via the Holder Identification Number (HIN).

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June 3 2022
It’s not about CHESS – Special Series Part 3

It’s not about CHESS – Special Series Part 3

It's not about CHESS - Special Series Part 3 In this special series, FinClear CEO David Ferrall gives his insights on Australia’s unique market microstructure that will enable rapid uptake of digitised securities, which is a direct result of ASX’s decision almost 30 years ago to promote direct ownership of listed securities via the Holder Identification Number (HIN).

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May 18 2022
It’s not about CHESS – Special Series Part 2

It’s not about CHESS – Special Series Part 2

It's not about CHESS - Special Series Part 2 In this special series, FinClear CEO David Ferrall gives his insights on Australia’s unique market microstructure that will enable rapid uptake of digitised securities, which is a direct result of ASX’s decision almost 30 years ago to promote direct ownership of listed securities via the Holder Identification Number (HIN).

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May 16 2022
It’s not about CHESS – Special Series Part 1

It’s not about CHESS – Special Series Part 1

It's not about CHESS - Special Series Part 1 In this special series, FinClear CEO David Ferrall gives his insights on Australia’s unique market microstructure that will enable rapid uptake of digitised securities, which is a direct result of ASX’s decision almost 30 years ago to promote direct ownership of listed securities via the Holder Identification Number (HIN).

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April 14 2022
David Ferrall provides insight on what is FCX

David Ferrall provides insight on what is FCX

FinClear launches FCX which will change how unlisted companies issue, manage and raise capital.

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