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In 1908, Henry Ford revolutionised the car industry with the implementation of the production line for the Model T Ford. The process of mechanisation lowered costs and sped up production, allowing the car to go mainstream and replace the horse and cart. The advent of the personal computer and its evolution over time has allowed significant increases in data flow and streamlining of work processes. While this initially led to a loss of some jobs in areas such as typing pools, this was more than offset by an increase in the number of more productive jobs as well as increased productivity

Translation: how much cash a broker needs to hold in its account at any time. The necessity for core capital requirements has been around for a while and arises because when you execute a trade through your broker, they undertake the trade on your behalf and then the trade is settled between the broker and you a few days later. While brokers have had to hold a cash balance to execute these trades for quite a while now, the ASX has proposed changes based on the level of activity as well as the type of activity the broker undertakes. The new measures will