Originally Posted by
Jaa
The NZX's strategy of expanding via alliances with international international really is terrible. They are NZX's competitors or in the NASDAQ's case I bet wildly over charging technology provider.
The NZX should try a strategy of increasing liquidity from the general public and via alliances with international brokers and ETF providers. Get them to offer online, instant NZ share and bond trading. e.g. eTrade, TD Ameritrade and all the rest. Even with Commsec you can only trade NZX stocks over the phone and its $USD40 minimum.
Make more data free (live prices, depth etc), lower fees across the board and develop more of its own technology. Once all the linkages are in place, market the NZX in Asia-Pacific as a transparent, well governed, affordable and high liquidity exchange to list on.
I would even try removing the listing fees and offer it as a loss leader for a while. You can't clip the ticket on companies you don't have listed.