Competition Between Bourses: Chi-X Plans Derivatives Trading, ASX Offers Trading Fee Rebates

By Vittorio Hernandez,

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Competition between Australia's two major stock exchanges is becoming tougher as the Chi-X and ASX disclosed separately measures designed to snare a larger slice of the stock market amid a background of weak trading and poor investment sentiment.

Reports said that the Chi-X board is studying the possibility of offering derivatives trading if the regulators would agree in December to introduce competition in clearing services.

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This article appears in: Investing Commodities
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