Australias Financial and Energy Exchange (FEX) is not
expecting any favours from international exchanges when it
introduces its first futures products expected to be
energy contracts in June 2008.
Although trading fees are not a central part of our value
proposition, we can be flexible on price, Brian Price,
founder and executive director of FEX, told FO Week
We know that the other exchanges out there are bigger
than us and may try to compete on price, but their size also
means overheads and shareholders dictating the need for profit.
Our shareholders are ready for a battle of
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