From the earth to the sky.

By the end of 1999, the Sydney Futures Exchange (SFE) is going electronic, and Australia's financial planners hope that a more efficient futures market will help make the country a regional financial hub. Chicago still dominates commodity futures because its markets have incomparable liquidity, but...

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Detalles Bibliográficos
Publicado en:Economist Vol. 352; no. 8136; pp. 84 - 85
Formato: Artículo
Publicado: Economist Newspaper Limited September 11 1999
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Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:By the end of 1999, the Sydney Futures Exchange (SFE) is going electronic, and Australia's financial planners hope that a more efficient futures market will help make the country a regional financial hub. Chicago still dominates commodity futures because its markets have incomparable liquidity, but the SFE hopes to catch up by going fully electronic and joining up with other futures markets in the region. The SFE hopes that this approach will eventually allow it become the Asian, and perhaps global, trading hub for new kinds of futures contracts as they arise.