North American-style ‘national market’ rules could break ASX monopoly

Press/Media: Expert Comment

Description

If regulators want to inject real competition into equities trading, they should consider “national market” rules like those in Canada and the United States, which have had a big impact slashing trading fees and ensuring alternative markets can price stocks when one venue goes down, according to two of Australia’s leading financial markets economists.

Period16 Feb 2021

Media contributions

1

Media contributions

  • TitleNorth American-style ‘national market’ rules could break ASX monopoly
    Degree of recognitionNational
    Media name/outletAustralian Financial Review
    Media typeWeb
    CountryAustralia
    Date16/02/21
    DescriptionIf regulators want to inject real competition into equities trading, they should consider “national market” rules like those in Canada and the United States, which have had a big impact slashing trading fees and ensuring alternative markets can price stocks when one venue goes down, according to two of Australia’s leading financial markets economists.
    Producer/AuthorJames Eyers & John Kehoe
    URLhttps://www.afr.com/companies/financial-services/north-american-style-national-market-rules-could-break-asx-monopoly-20210216-p572zg
    PersonsSean Foley, Peter L. Swan