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ASX Fines Westpac Securities $50,000

The ASX Disciplinary Tribunal (‘the Tribunal‘) has imposed a fine of $50,000 (plus GST) on Westpac Securities Limited (‘WSL’) for the incorrect treatment of certain Application Monies and Additional Margins contravening the following ASX Market Rules: a) ASX Market Rule 7.11.1 – WSL >>

Westpac Banking Corporation Selects Orc Trading Solution for Warrants Market Making

Orc Group AB, a leading provider of technology and services for the global financial industry, today announced Westpac Banking Corporation has deployed Orc Trading to support its options trading and warrants market making operations on the Australian Securities Exchange (ASX). The order was booked >>