GH Financials (GHF), a clearing firm for exchange-traded derivatives, has been approved for Trading Participation of ASX 24, and as a fully remote Clearing Participant of ASX Clear (Futures).
Steve Martin, GH Financials COO, says: "GH Financials is delighted to join the Australian Securities Exchange (ASX) as a Trading and Clearing Participant and we are honoured to be selected as the first clearing participant based outside of Australia. Our European and US based clients can now access one of the world’s premier derivative exchanges through a local counterparty that benefits from direct participation. GHF will be able to offer significant improvements in current risk management and service delivery practices, simply because we are fully active in our clients' time zones.
"As a firm we offer market access, execution and clearing services on the major derivatives exchanges and we continually look to expand our exchange access to provide clients with additional trading opportunities. We are grateful to ASX for allowing us to offer their market place using this innovative remote participation structure."
