ASX grapples with retail trading surge, crypto push
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ASX chief executive Dominic Stevens says there has been a âphenomenalâ surge in day traders signing up for share trading accounts and concedes that global regulators are still grappling with how to accommodate cryptocurrencies on traditional exchanges.
ASX CEO Dominic Stevens says there needs to be a balance between the needs of day traders and investors. Â
James Alcock
He told an audience of stockbrokers that the combination of the pandemic-induced lockdown and a bull market had lured new traders in record numbers.
But he defended the role of the traditional stock exchange, saying it needed to be preserved as a venue for investors to expand their wealth, rather than a source of entertainment.
2021 Macquarie Australia Conference Presentation By ASX Managing Director And CEO, Dominic Stevens Date
06/05/2021
Click here to download the presentation to be presented virtually at the Macquarie Australia Conference in Sydney today by ASX Managing Director and CEO, Dominic Stevens.
This presentation provides an overview of the ASX Group, the trading conditions influencing the Derivatives and OTC Markets business unit and ASX’s technology transformation program.
VanEck, BetaShares in race for bitcoin ETF
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Funds management rivals VanEck and BetaShares have each lodged submissions with the Australian Securities Exchange as they race to list the countryâs first cryptocurrency-backed exchange-traded fund.
The ASX has received a handful of formal applications from investment managers gunning to launch a bitcoin ETF after the corporate regulator in March rejected industry speculation it was opposed to such a product.
VanEck Australiaâs Arian Neiron says crypto ETFs could âdemocratiseâ digital assets. Â
Louise Kennerley
New York-headquartered ETF pioneer VanEck late last year listed bitcoin- and ethereum-backed exchange-traded notes on the Xetra trading platform operated by Germanyâs Deutsche Börse and has applied to the US regulator to list a crypto-backed ETF on one of the countryâs sharemarkets.
Architectural historian
The 5k lockdown has demonstrated the enduring appeal of the city as a place where people come together. A city is more than just a collection of buildings. It is also the spaces in-between. It is a public place where people linger, strolling about chatting and people watching. COVID-19 has exposed the inequality that exists in our mobility measures in our cities.
I posed the same question to architects across the country –
how can we make our cities work?
Dublin
Dominic Stevens, Director of JFOC Architects
Let s understand Dublin as a collection of neighbourhoods, not as a central business district surrounded by sprawling dormitory suburbs as was foreseen in the 1970s and 80s. In the great cities of Europe there are people living on every street and people working on every street. Shops at ground level, cafes on corners, daytime and night time activity. In Dublin this high-density lived-in city should stretch from the centre out to the surrounding u
Cboe-owned Chi-X still far from challenging ASX afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.