The international sweep of regulatory changes promoting competition in the world's equities markets means reduced trading costs and improved investment returns for hundreds of millions of retail and institutional investors around the world.
Minister for Superannuation and Corporate Law Nick Sherry is reviewing a proposal by the Australian Securities and Investment Commission that would end the Australian Securities Exchange's (ASX) historical monopoly on trading in Australian equities. It is likely that action will be taken on the proposal, which would liberalize the current restrictions on off-exchange trading, in the near future.
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