They are not knobbling the ASX... If ASX thinks a merger is in its interests to compete, then merge with someone under a regulatory framework that ASIC, and the Australian government knows they can converse with in a transparent manner.
i.e. an Exchange under a democracy with a free press.
London, Toronto, etc and many others may fit the bill.
If there were going to be a restructuring of the worlds exchanges what would be the point of joining Singapore... you would think in the endgame the exchanges might specialise.. such as resources... vs Industrials, vs Agriculture or something.. If for example Toronto, London, and ASX were in one group that would totally dominate the trading of all world resources with timezones covering 24 hours to boot.
asx not sing_sx, page-17
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