HUB24 news. Fluff or significant turning point?
I'm trying to understand what "post-trade integration" means. Is this just fluff or does it mean the door is open now for HUB24 to deploy some of its >10B AUD TAM into Corp. Bonds trading on ABE's platform? What is the interest level on HUB24 side to do so? How much will they allocate?
Two things will act as confirmation if this is a turning point or just empty news:
1) Additional news from other members of the Wealth Management Industry informing of same,
2) Next Q ramp up in Revenues as more significant funds are routed through ABE.
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