Australian Clearing House
BBY has been clearing since December 5th 2011 and apart from clearing its own private client business, it also clears for over 20 broker dealers. In the first half of 2012, BBY has cleared more than $5 billion in equity trades and over 3 million Exchange Traded Option lots. BBY ranks as one of the ASX and Chi-X more efficient clearers with a clearing team that has over 100 years of experience utilizing the latest technology provided by GBST and Agility.
Operating as a self-clearer means that BBY provides more value to our clients by offering:
- Quick and accurate trade processing
- Priority handling of all trades
- Streamlined compliance procedures and processes
- Leading-edge technology and some of the most experienced people in the domestic clearing industry
- The surety that if a problem does arise, it can be resolved in a timely manner as all trade processing and operations are handled at a single BBY location.