MARKETS SPECTATOR: ASX 'supermarket' strategy

Tomorrow ASX Ltd begins to offer trading in government bonds, part of Elmer Funke Kupper’s strategy to be all things to all investors.

Elmer Funke Kupper wants a supermarket. Or more precisely, he wants the ASX to be one. Tomorrow 22 Australian government bonds, soon to be 23, will trade on ASX Ltd. More than 150 years since its origins the ASX has indeed come a long way. It now has $2.6 trillion of securities sitting on its systems.

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