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Daily Dispatches: Australia enters dark pool age

Australia’s broking fraternity moves a step closer to technologically savvier global counterparts with the launch today of an alternative trading venue. Credit Suisse’s off-exchange (or “dark pool”) trading facility, Crossfinder, will allow clients to trade blocks of shares valued at more than $1m anonymously. (Australian Financial Review – if you’re a subscriber)

Call it the revenge of the retail shareholder – or the banker who can’t get enough – but any way you look at it, ANZ’s Mike Smith has dealt himself into the superb position of having an acquisition war chest in a capital-starved market. (The Australian)

Goldman Sachs is expected to report strong trading results, which may, in turn, herald the return of bumper pay packets across the US banking industry. (The Australian)

Slowdown in Queensland unemployment rate. (Courier Mail)

The financial planning practice headed by the chair of the Financial Planning Association, Julie Berry, has been acquired in part by ComCorp Financial Advice, a wholly owned subsidiary of MMC Contrarian. (Money Management)

Nine out of 10 Australians are feeling stressed and most blame work for the way they feel, a new poll shows. (News.com.au)

Comments (1)

  1. Yes, its the work that makes me feel stress. Everymorning I get up with a feeling of getting redundant. My career is not moving upward and that’s causing a sense of insecurity of life.

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