The platform, which is still awaiting market license approval from the Australian Securities and Investment Commission, plans to go live in two phases later this year. The first phase will be the rollout of a crossing market, which will internalize and report trades to AXE's trading system, followed by a second phase that will include full trading with a central matching book and opening and closing auctions.
AXE chief executive Greg Yanco says he hopes this second phase, which will see the
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
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