ASX PureMatch Cleared to Launch

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Elmer Funke Kupper, ASX

The Australian Securities Exchange (ASX) confirms that ASX PureMatch, its new low-latency order book for trading the most liquid ASX-listed stocks and domestic exchange-traded funds (ETFs), will launch on Nov. 28 after recieving regulatory clearance from the Australian Securities and Investments Commission (ASIC).

ASX PureMatch offers a new execution service alongside ASX's existing TradeMatch order book, through which all ASX-listed securities can be traded. The exchange operator plans to

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