The Distillery: Clearing the decks

Jotters dig into ASX Ltd's clearing and settlement numbers, while one says red ink at Seven West doesn't tell the whole story.

The market operator's latest results answered the question of whether its clearing and settlement monopoly was a senseless cash gift, but left the door open on whether the recent rally carried it into the black.

Also in this morning’s edition of The Distillery, Fairfax Media and Seven West Media give us another glimpse into the rapidly deteriorating world of traditional media revenue streams.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles