There was an interesting article in the SMH/AFR on the reduction in settlement to T + 2. Here is the link
http://www.smh.com.au/business/bank...ng-fees-by-at-least-23pc-20160310-gnfc3p.html
What it does mean is that the amount of capital held for risk is now more than needed, but with volumes increasing it means that ASX has enough capital adequacy. So ASX has had a tail wind in T + 2, but a head wind in the volume increase so they are saying that the capital will remain to be on the safe side.
I love a boring financial services company.!!!!
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Last
$66.42 |
Change
1.220(1.87%) |
Mkt cap ! $12.87B |
Open | High | Low | Value | Volume |
$65.75 | $66.66 | $65.43 | $24.42M | 368.3K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 1134 | $66.39 |
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Price($) | Vol. | No. |
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$66.47 | 80 | 1 |
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No. | Vol. | Price($) |
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1 | 1134 | 66.390 |
1 | 309 | 66.380 |
1 | 2124 | 66.370 |
1 | 333 | 66.360 |
1 | 554 | 66.350 |
Price($) | Vol. | No. |
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66.470 | 80 | 1 |
66.580 | 39 | 1 |
66.600 | 1000 | 1 |
66.610 | 4 | 1 |
66.640 | 30 | 1 |
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Last
$66.56 |
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Change
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