Industry Analysis & Industry Trends
As of June 2012, Australia held $1.89 trillion in managed funds. Administrating, managing and growing the value of these funds are various finance institutions, from custodians to trustees and stock exchange operators. While the Custody, Trustee and Stock Exchange Services industry covers a variety of services, most have a common thread of dependence on the performance of and level of investment in Australia's financial market and, increasingly, global markets.
After hitting rock bottom in mid-2009, the world's financial markets are sluggishly trudging upwards. The upturn in stock markets over March 2009 and the relatively buoyant Australian economy have since revived investor confidence and reinvigorated financial markets... purchase to read more
Industry Report - Starting a New Business Chapter
Barriers to entry in the industry are considered moderate overall, although this varies between segments.
The regulatory barriers to becoming a national stock exchange are high, but other barriers such as the cost of setting up a trading platform are becoming lower. New entrants to this market need to obtain a financial market operator's licence from ASIC and need to meet a range of ongoing obligations. In the past two years, the industry especially in the stock exchange segment has seen a wave of new players entering the market. Alternative trading platforms such as Liquidnet, Chi-X, and dark pool, SIGMA X have been steadily gaining ground against the ASX... purchase to read more