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The latest announcement is out from Bell Financial Group Limited ( (AU:BFG) ).
Bell Financial Group has announced an agreement with Macquarie Bank to transfer approximately 75,000 online trading accounts to its Bell Direct and Desktop Broker brands. This transition, expected to be completed by late February 2025, underscores Bell’s strong market presence and is anticipated to positively impact earnings for FY 2025. The deal further solidifies Bell’s long-standing partnership with Macquarie, ensuring customers continue to benefit from Macquarie’s Cash Management Accounts. The third-party clearing arrangement between the two entities will remain unchanged.
More about Bell Financial Group Limited
Bell Financial Group Limited is a company in the financial services industry, specializing in online share trading technology and services. The company focuses on leveraging its technology platform to enhance its market positioning and expand its Technology and Platforms business.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €279.9M
See more insights into BFG stock on TipRanks’ Stock Analysis page.
