Hey bgtaylo you are right, the amount of money to be made by transactions alone is mind boggling. Not sure if it was you or another poster highlighting how much money ASX can make by hanging onto monies while waiting for T + 2 to settle. That’s one of the reasons ASX have their foot on ISXs throat. Because ISXs technologies are so disruptive their will be others that will try and stop them from growing. We can all see clearly the obstacles ISX have faced in Australia, unfortunately I think there will be more headwinds ahead for the company as it spreads its wings to other countries, people don’t like losing money especially when they have a monopoly.
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