Australia readies for market competition
An article by ASIC Chairman, Tony D'Aloisio, 19 May 2010
Wall Street's fall a fortnight ago was a reminder of the speed markets can move and the need for operators and regulators to co-operate to deal with these movements.
These events have influenced greater market focus on risk controls and clearer error resolution arrangements.
But what can we learn from the Wall Street events to prepare us for a multi-market environment?