The ASX has communicated to all market participants of an industry-wide ASX settlement failure that occurred on Friday the 20th of December. This failure has meant that CHESS was not able to complete market settlement on Friday and has deferred settlement to Monday the 23rd of December. For those clients who had sell trades settling on Friday we have ensured those sale proceeds have been made available to you for trading on Monday. Stock delivery for clients who had buy trades settling will need to wait until Monday before the shares become available to sell. We apologise for any inconvenience this ASX outage has caused.
An awesome stock story, and the opportunities outside mega cap tech
Maroun Younes of Fidelity’s Global Future Leaders fund joins the podcast to discuss:
- whether the US, and tech, can continue to dominate global markets
- which jurisdictions look most attractive right now
- how to think about rising valuations when concentration is so high, and
- a medtech company making the world a better place.
You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify.
If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.