A global agency broker which is a wholly-owned subsidiary of Nomura Holdings yesterday announced it had secured full membership on the Australian Securities Exchange.
Instinet is now able to offer its global execution services – including its alternative trading platforms, global algorithms and execution management systems – to Australian trading and investment institutions. Until yesterday, Instinet had been unable to service Australian fund managers’ domestic trading and portfolio management requirements directly, as it was not a member of the ASX. It had given its offshore clients access to the Australian market through various broker/dealer partners, and will continue to allow Australian institutions access to 60 international markets.
25/09/2007
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Investments
Aware Super has backed the call for a legislative change that will introduce mandatory human rights due diligence for large Australian companies, as head of responsible investment Liza McDonald said it’s a “reasonable request” which will help asset owners understand and manage the governance risks in their portfolios.
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