Australian Securities Exchange (ASX)
ASX to launch electricity futures
The Australian Stock Exchange (ASX) plans to begin trading electricity futures contracts by the end of the year, according to an official at the exchange.
Derivatives of increasing importance to ASX
The Australian Stock Exchange (ASX) has seen a 5% drop in net profit for the year to June 30, but revenues from derivatives trading, clearing and settlement rose 15% to $32.5 million, with 46,226 options contracts traded – 20% higher than the 38,519…