Australia’s ASX preparing for negative interest-rate trading


File pic of man watching the screen of share prices displayed on the ASX

Singapore: Australia’s ASX Ltd is testing its systems for the trading of negative interest-rate products, underscoring how markets are preparing for the potential introduction of quantitative easing in yet another Group-of-10 nation.

The exchange has made available trial environments so market participants can test their processes for interest-rate futures prices that are greater than or equal to 100.00, according to a July 10 market notice.

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