**goblin goes in with billions!!!****, page-9

ASX Shares 2021 Highlight:

It’s fair to say the ASX has a monopoly over Australian listed Investing. Yeah there’s the Chi-X, But ASX is no doubt the biggest and arguably only name in the game.

ASX Shares Prices

The ASX Ltd Share price is currently $76.43, down -13.73% over the course of a year. ASX shares have proven to be an excellent long term investment, averaging 14.4% pa

The ASX Monopoly on Market Share

It’s no question the ASX is winning the monopoly of Australian security and derivative trading. However, CHI-X has grown rapidly from 0% claiming 18% volume, in less than a decade.

The growth of CHI-X is also partly attributed to ASIC and the RBA. Following ASX platform crashes in 2020 causing outage for almost a full day of trading ASIC and RBA probed the need for less reliance on one monopoly.

ASX Shares: Company Reports

ASX shares released their Half-Yearly report in February 2021.

Highlights:

• EBIT up 1.3% to $319.1m; however, interest earnings reduced due to lower rates – NPAT down 3.4% to $241.8m.
• Operating revenue up 3.4% to $470.5m – growth in listings and equity activities balancing downturn in futures.
• Solid result achieved in mixed conditions reflecting strength of diversified business.
• Higher capital investment reflecting long-term transformation of technology and operations.
• Lower interim dividend in line with reduced NPAT – down 3.4% to 112.4cps – 90% payout ratio maintained.

Thanks for Reading

Full Analysis if Interested: https://**promotion blocked**.com/asx-shares-monopoly