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ASX/SGX Merger
- Thread starter n1etzche
- Start date
I think SGX can benefit from the derivatives expertise of ASX and ASX can benefit from exposure to the Asian markets. I am buying in SGX since the price is battered down right now. Besides, now is the beginning of stock cycle and the decline to asset class cycle.
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- Jul 14, 2008
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If the Aussie govt approve another stock exchange in Australia, then the ASX purchase will not be as attractive.
As for ASX purchase, I believe the govt will put in conditions to safeguard Aussie (and the pollies own) interests.
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