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Australian Bond Exchange Cuts Costs, Launches New Market-Linked Security Amid AI Push
10:07am on Friday 31st of January, 2025 AEDT
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Financial Services
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Australian Bond Exchange Cuts Costs, Launches New Market-Linked Security Amid AI Push
10:07am on Friday 31st of January, 2025 AEDT
Key Points
Operating cash flow shortfall reduced to $0.7 million from $1.5 million
Cost reduction program initiated in FY24 now delivering tangible results
Launch of Good Year Tire and Rubber Company AUD-denominated market-linked security
AI-based compliance and client protection software development progressing
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Australian Bond Exchange (ASX:ABE)
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