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
ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments.
CFS has formed a strategic partnership with the University of Sydney to support the responsible development of AI solutions in the wealth management sector.
Increasing traction among high-net-worth advisers and a stabilisation in adviser exits have helped Praemium report quarterly net inflows of $667 million in the third quarter of 2025.
ETF provider VanEck has announced its intention to launch a uranium and energy solution as global political agendas point to expansion in this sector.
