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Australia and Singapore merging exchanges


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Seems like it just the ownership is being merged. The actual exchanges will remain separate entities.

"Each exchange operator will remain separate legal entities and hold on to their respective brands."





The fear is that this will be in name only, and there are plenty of precedents. HP still sell 'Compaq' laptops but I seem to recall significant 'rationalisation' when the merger happened.


Those opposed to the merger are asking for assurances from the Singaporean government that Australian jobs in the finance industry wont be threatened by the merger, a request which would undoubtedly draw grim smiles from those who have worked in said industry. One day your a rooster, the next a feather duster. :smirk:

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