The ASX’s rookie error is just the latest of many blunders. Investors are losing confidence
- Written by Angel Zhong, Professor of Finance, RMIT University
It was the latest blow to the credibility of the Australian Securities Exchange (ASX). This time, the nation’s stock exchange mixed up two company names in an error that briefly wiped A$400 million off the market value of our third biggest telco, TPG Telecom.
On Wednesday morning, the ASX mistakenly linked TPG Telecom Limited to a market...