Takeover target ASX Group Ltd is set to lose its two-decade monopoly later this year after
Australia's securities regulator on Thursday opened the door to competition
from Nomura's Chi-X.
Competition from electronic trading platforms like Chi-X has spurred a string of global exchange mergers, including Deutsche Boerse's bid for NYSE Euronext , London Stock Exchange's bid for Toronto Stock Exchange parent TMX Group Inc and Singapore Exchange's $7.7 billion bid for ASX.
Complete news
No comments:
Post a Comment