Technology exchange to be launched
The Asia Pacific Technology Exchange (APTEX) will be launched in Sydney next week as the home exchange for emerging and established technology and innovation businesses in Australia.
APTEX is aiming to become Australia’s NASDAQ, focused on technology company listings, and is the result of a joint venture between the National Stock Exchange of Australia (NSX) and Enterprise Pacific.
The pair is seeking support from stock exchanges such as Korea, Malaysia, Thailand, Singapore, Papua New Guinea and Fiji to make APTEX an integrated Asia Pacific trading board.
Labor member for Bennelong Maxine McKew, who used her maiden speech to Parliament to highlight her support for technology development in Australia, will launch APTEX on Wednesday, March 26.
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