Bell opens up ‘Australian-first’ trading, clearing & investment suite

Patrick Buncsi

15 May 2024

ASX-listed stockbroking and investment firm Bell Financial Group has extended its in-house trading, clearing and investment service to all wholesale and institutional clients following a successful small-scale provision of the service.

The integrated service, known as Tandem Securities and officially launched today, combines Bell’s business-to-business (B2B) wholesale offering under a single brand, providing digitally enabled trade execution, clearing and investment services for institutional and wholesale clients.

Tandem Securities encompasses, under a single brand, adviser and institutional trading solutions, third-party clearing, investment lending – including margin lending, super lending, protected lending – and at-call investments.

Arnie Selvarajah, co-chief executive of Bell Financial Group, said the service can either be tailored or clients can receive a “full end-to-end capability to meet their specific needs”.

The capability, according to Selvarajah, “is quite unique in the Australian market”.

The feature was initially developed in-house through the Bell Group’s institutional-focused brands – Third Party Clearing, Bell Potter Capital and Desktop Broker – for select institutional clients.

Selvarajah said Bell was now pleased to extend the capability more broadly across the financial services industry.

Bell Financial Group is one of Australia’s largest full-service corporate financial advisory and online broking firms for private and institutional clients, operating 11 offices in Australia alongside key hubs in New York, London, Hong Kong and Kuala Lumpur.