All Posts Tagged With: "reserve bank"

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Opes Causing Strife in the Share Market

Opes Prime, the Melbourne-based broker currently causing so much strife in the share market. The company was in the “equity financing and securities lending” business. On the retail end, Opes was basically a margin lender to clients, only instead of posting cash as collateral against the loan, the client puts up his entire portfolio as collateral.

March 31st, 2008 | Dan Denning | 3 comments | Continued
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