24 Oct 2014
Spain, Brazil and Australia ranked as most expensive markets for clearing and setlement

The report was authored by Market Structure Partners. CEO Niki Beattie, a well respected expert on market structure issues, said the findings show combined costs for clearing in Australia are the third most expensive in developed markets after Spain and Brazil.

Looking at value and number of trades cleared vs the average cost to clear them, the report shows Australia as the second most expensive market after Brazil, even once economies of scale have been accounted for….