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Campaign against Loss of XAR and XGO indices.

  1. redabyss

    1,383 Posts.

    Is anyone as concerned as I am about the loss of these indices? It seems that ASX has been bullied by S&P into adopting a set of indices that are not relevant to the Australian market and are largely useless to most traders. How would we have got early warning of the Asia Crisis crash if we had not been able to observe the XAR intraday? And how can you follow gold stocks without the XGO?

    If you are as concerned as I am, then please write to ASX and tell them, or write direct to S&P.

    I will provide a copy of my letter to S&P, asserting how far the changes clash with Australian practice and requiremnts, to anyone who writes to [email protected]

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