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They have the biggest volume in Asia I think.
However, there's no tax advantage to being in Sydney but it a nicer place
though
the shopping and commerce stops real early.
Simex goes Globex2 soon. And you get your tax level set to no higher than
10% on
any trading income, Simex products or otherwise, spot FX included.
I suppose there will be access to MATIF and CME like CME's access to MATIF.
So it will be better to take registration where the tax environment is in
your favour.
At 03:44 PM 1999-06-16 -0500, Mark Brown wrote:
>Sidney Futures Exchange (SFE) are going totally electronic. I am wondering
>if any Stateside traders are presently trading Down Under. I have to
>believe that given the population on their side of the world it will be a
>good thing for them. And I have thought there maybe some opportunities with
>the electronic exchange.
>
>Mark Brown
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