IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Shares of the Australian Securities Exchange (ASX:ASX) fell on Tuesday after the Australian Securities and Investments Commission (ASIC) granted approval for Cboe Global Markets Inc. (NYSE:CBOE) to operate as a listing market in Australia. The decision marks a major step toward increasing competition in the country’s stock exchange sector, which has long been dominated by the ASX.
ASX shares declined as much as 1.7% to A$57.85, their lowest point since June 2024, as investors reacted to the regulatory shift. Cboe Australia, a subsidiary of the Chicago-based exchange operator, can now list new companies on its platform, directly challenging ASX’s long-held monopoly on company listings.
ASIC Chair Joe Longo welcomed the move, saying it would “provide more choice for companies to list in Australia, build stronger connections to international markets, and offer greater options for investors,” ultimately benefiting the broader Australian economy.
Originally launched in 2011 as Chi-X Australia, Cboe Australia has operated as an alternative trading venue for ASX-listed securities. Cboe acquired Chi-X in 2021 and has since expanded its market presence. The platform currently handles around 20% of Australia’s equity market turnover, averaging roughly A$2 billion (US$1.32 billion) in daily trades.
The approval comes as ASIC intensifies its efforts to enhance competition and transparency in the financial markets. The regulator has also increased its scrutiny of ASX’s market infrastructure after the exchange faced heavy criticism for a failed software upgrade project.
Cboe now joins three other authorized listing markets in Australia—the ASX, National Stock Exchange of Australia, and Sydney Stock Exchange—signaling a new era of competition in the Australian equities landscape.
