ASX: Competition cuts in - pt 1

The traditional sharemarket business is being hit by competition. But in part 1 of this three-part series, James Carlisle explains where the opportunities lie for the company, and investors.

I first purchased ASX at $30 in mid-2010. Apart from a brief flurry when Singapore Exchange (SGX) launched its bid later that year, it has pretty much stayed at that level. They say you should be careful what you wish for but ASX must be the most boring stock I’ve ever owned.

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