Asia
Market Chatter: ASX's Equity Post-Trade Pricing Model Changes May Increase Revenue, UBS Says
Changes to ASX's (ASX:ASX) equity post-trade pricing model might raise revenues even if turnover moderates, according to UBS analyst Kieren Chidgey, the Australian Financial Review reported Thursday.Chidgey increased earnings forecasts by around 6% across fiscal year 2027 and fiscal year 2028. He expects futures revenue to exceed market forecasts by 10% to 11% over these years.UBS upgraded its recommendation to buy and raised the price target to AU$65.20 per share.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
ASX:ASX