The Australian Securities Exchange Limited
(ASX:ASX) will separate its fees for clearing and settlements of share trades.
ASX’s chief says the unbundling of fees will not change its revenue line but simply offer clients an increased level of transparency about its fees.
The changes come as regulators review whether clearing and settlements should be opened up to competition , an area which the ASX currently maintains a monopoly.
The financial platform lost its exclusive control over the share market last year with the introduction of alternative exchange operator Chi-X.
The ASX generated a net profit of $339.2 million in the 2012 financial year.
