ASX boosts stake in IRESS
The Australian Securities Exchange (ASX) has increased its shareholding in financial services technology provider IRESS Market Technology.
A statement from the ASX said it has had a “longstanding investment in IRESS since 2000”.
“Current market conditions presented an opportunity to acquire an additional holding at an attractive price,” the statement said.
The ASX has now increased its shareholding in IRESS to 23,750,01 from its previous holding of 20,950,000.
IRESS’ share price has fallen in recent weeks, and at the time of publishing was trading at $4.84.
Recommended for you
Centrepoint Alliance has overtaken Count as the second largest AFSL with more advisers in the pipeline and strong EBITDA growth predictions for FY2026.
ASIC has released an update to its regulatory guidance on managing conflicts of interest for financial services businesses on the back of its primate markets surveillance.
Sequoia Financial Group has flagged a series of non-cash impairments for the first half of FY26, citing exposure to Shield and First Guardian and provisions for potential professional indemnity insurance claims.
The Australian Wealth Advisors Group has completed two strategic investments, doubling its number of authorised representatives and increasing its FUMA by more than $1 million.
