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      CMC Invest Partners With Contemi To Overhaul New Zealand Post-Trade Operations

      Published: just now

      CMC Invest and Contemi Solutions

      CMC Invest, the second largest retail stockbroker in Australia, has announced a strategic initiative to overhaul its post-trade operations in New Zealand. The move sees the broker partnering with Contemi Solutions to implement the NOVA Post Trade Settlement and Clearing platform, as CMC aims to become a full trading and clearing participant of NZX and NZClear.
       

      This development marks a significant step in CMC’s broader strategy to expand its business footprint and enhance its client offering in New Zealand, a market where the company intends to bring its established brokerage model.
       

      Andy Rogers

      Andy Rogers, Director of Stockbroking, CMC

       

      Andy Rogers, Director of Stockbroking, CMC, commented: "At CMC, our ambition has always been to combine innovation with a deep commitment to our clients. As we scale our presence and streamline operations, this transformation is about more than upgrading systems. We are future-proofing our capabilities to meet the growing demands of retail investors, including support for 24-hour trading, multi-time zone operations, and broadening investment options for clients."
       

      “This strategic initiative is a reflection of CMC's long-term vision to continually evolve in a dynamic regulatory and market environment,” Rogers added. “We are excited about what this partnership will unlock for our clients and our business.”
       

      As part of its New Zealand expansion, CMC will introduce a model of direct ownership for clients through Common Shareholder Numbers (CSNs). This approach mirrors the Holder Identification Number (HIN) framework familiar to Australian investors, offering New Zealand clients enhanced transparency, control, and security over their assets.
       

      Gaurav Mehta

      Gaurav Mehta, CCO, Contemi Solutions

       

      Gaurav Mehta, CCO, Contemi Solutions, said: 
      “CMC Invest is setting a bold example of how established firms can lead from the front in embracing digital change. We're proud to support their journey and honoured to be part of a partnership that's rooted in shared ambition and trust. With this partnership, we continue to focus on and invest in the Oceanic region and support its continued growth.”
       

      CMC Invest’s transformation comes as the firm looks to position itself for sustainable growth, leveraging operational agility and innovation to deliver greater value to clients across global financial hubs.

       

      CMC is an Listed company with a global presence, no debt, strong balance sheet, regulated by international leading bodies including the FCA with over 30 years trading experience.

      This content may have been written by a third party. LiquidityFinder makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplies by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
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      profile image formember on LiquidityFinder
      Business Analyst

      Bhargav is a Business Analyst at LF, working at the intersection of business strategy, marketing, PR, communications, and operations. I enjoy transforming ideas into meaningful initiatives, building better processes, strengthening brand presence, and creating solutions that drive measurable impact.

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      #CMCInvest#ContemiSolutions#NOVAPostTrade#NewZealandMarkets#PostTradeSettlement#NZX#RetailBrokerage

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