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FinClear, the Australian financial services and technology company, today announced that it has agreed a new five-year contract to provide third-party clearing services to Australian wealth management group Ord Minnett.

FinClear chief executive David Ferrall said not only is this another fantastic partnership for FinClear, the significance of Webull planning to provide Australian listed securities in the future to international retail investors cannot be underestimated.

“It will attract a whole new community of investors to the Australian market, with considerable benefits for listed companies, including increased international visibility and liquidity,” he said.

Talevski was appointed to lead Webull in November 2021 after spending over 14 years at AUSIEX as a director of trade execution services.

“FinClear was the obvious partner for us as a global fintech. Its tech stack is best-in-class and capable of managing the volumes and complexities of a global trading platform as we look to provide Aussie investors with global investment opportunities and expand the product suite to more sophisticated offerings at low cost,” Talevski said.

Webull offers its brokerage services to those in the US, Singapore, Australia, South Africa, and Japan.