S&P Licenses ASX Indexes; SFE To Wait And See Before Listing Futures Contracts

EXCHANGE WATCH

SYDNEY--Standard and Poor's has licensed the Australian Stock Exchange's (ASX) suite of equity indexes. But officials at the Sydney Futures Exchange say the deal may spark technical and legal concerns if the exchange chooses to list futures contracts on the new S&P managed indexes.

SFE's media and corporate relations manager Matthew Gibbs says the SFE is seeking additional information about the deal and will wait until it has discussed the deal's implications with ASX and S&P before it makes

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