Also from this article https://www.copyright link/street-talk/pershing-securities-review-sparks-ownership-rethink-20180815-h13zks
(you might need a subscription)
Pershing plays an important role in Australia's capital markets. The company clears trades for a raft of small and mid-tier broking firms including Wilsons, DJ Carmichael and Petra Capital, and is an active participant in some derivatives markets.
