RBC Becomes Participant of the Australian Stock Exchange.
PR Newswire Europe, March, 2005
SYDNEY, Australia, March 29 /PRNewswire/ -- RBC Capital Markets, the corporate and investment banking arm of RBC Financial Group (TSX: RY), (NYSE: RY), today announced that its subsidiary, RBC Securities Australia Pty Ltd, has become a participant of the Australian Stock Exchange (ASX).
The move, which makes RBC the only Canadian bank participant, is part of RBC's strategy to provide a full, global mining service to its clients, and builds on the firm's heritage and specialisation in natural resources. The Sydney Equity team focuses on the mining sector, covering domestic and major international mining stocks.
"We believe our new direct trading and settlement capability in Australia gives us considerable opportunity for expansion given that...
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