Why Self-Clear?

BBY has applied to become a self-clearing broker. This means that if BBY's application is approved by ASX, from around 18 November 2011 BBY will execute, clear and settle trading for our private clients in the Australian market.

As many of you are aware, there have been a number of significant changes within the Australian financial markets industry and BBY feels it is the right time to move to a self-clearing service model.

Significantly, operating as a self-clearer will mean 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, these can be resolved in a timely manner as all trade processing and operations are handled at a single BBY location.

Click here for the Essential Client Documents or Return to BBY homepage.