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


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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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing , Commodities

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