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Morrison Securities boomerangs to US backer in receivership sale

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The stockbroking types gathered at wealth software business New Quantum’s receivership sale can park their hopes of scooping up crown jewel Morrison Securities – and its annual trading volumes of $30 billion – on the cheap.

Morrison Securities handles $30 billion of trading volumes a year.  Louise Kennerley

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/morrison-securities-boomerangs-back-to-us-backer-in-receivership-sale-20240904-p5k7qw