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Sorry, yes ADI (Authorised Deposit- taking Institution) - this...

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    Sorry, yes ADI (Authorised Deposit- taking Institution) - this might be beneficial if Clearpay / NSX want to throw their hat into the ring for the settlements function after that press release around the potential opening of sharemarket functions for competition, still no Announcement that I have seen, did I miss it?
    Clearpay/ NSX hopefully can get a slice of the funds clearing business (away from Austaclear) with the T+0 duration potential instead of the current T+2.
    I am sure ASX will do their best to hold on to that monopoly cash cow, as would any business.
 
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