markets & strategies
Australia is the lowest cost market in Asia in which to trade securities, according to a new research report conducted by global investment bank Nomura. The group's research found Australia beat Taiwan and Korea as the market with the lowest securities trading costs in Asia, with Indonesia and the Philippines being the most expensive. Across a market level, the cost of trading into or out of Australia in the second quarter of 2003 was 0.5%, compared with 1.04% in Hong Kong and 3.69% in Indonesia. When examining transaction costs in the region, the Nomura study focused on what it ca...
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