The Australian Securities Exchange has devised two incentive programmes to attract new futures and options business after derivatives trading fell by 22.9% in the first half of its 2009 financial year.
ASX announced the decline in volume at the same time as a shrinking of net profits, down 8% to A$171.9m, from A$178.5m in the same period of 2008.
Derivative trading fell from 12.7m contracts to 9.8m, dragging revenue from ASX’s futures and options segment down from A$83.1m to A$70.1m....