Aussie brokers offer direct link to US markets

ASX World Link service highlights the trend towards global equity trading with settlement in domestic currencies.

The Australian Stock Exchanges ASX's ambitious plan to offer investors access to the major global centres for equity trading has taken its first step, with participating brokers offering clients direct access to the US marketplace via the Bloomberg Tradebook brokerage platform.

The ASX World Link gives brokers and their clients access to trade entry, confirmation, settlement and registry services via the same infrastructure used to transact in Australian stocks.

The initial service provides a one-way link from...

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