JLO, great analysis. I do agree with you that ISX has got a lot...

JLO, great analysis. I do agree with you that ISX has got a lot more to gain and really nothing to lose in this JV.
Many would agree that NSX is like a mouse and ASX an elephant so that's hardly any competition.

I would agree in the current context but we are talking about the future capabilities of NSX with its partnership with ISX with Clearpay development
The world of digital exchange, multiple exchanges, real time, same day settlement, 24 hours trading, etc. Capabilities that even ASX would be scrambling to attain.
I am really excited about this as it is definitely going to be a game changer for ISX and NSX, and one which ASX will really feel threatened.

As to the JK recent announcement of the developing competitor alternative to ASX Austraclear ar early as 2019 and discussions with APRA, ASIC and RBA, you would think it must be of substance than just lies, especially, with all the attention on ISX and JK at the moment.
And it does really make one think of the real intent of ASX suspending ISX.
An elephant can still be threatened by a mouse.