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Asia Pacific stock exchange to adopt Nasdaq OMX trading technology

APX is targeting Chinese and other Asian companies eager to expand via Australia

Australia's newest stock market aims to roll out a new trading system before the end of the year that will allow it to trade in the Australian dollar and Chinese yuan as it seeks to tap investor appetite for new listings.

Asia Pacific Stock Exchange, or APX, which kicked off in March with the listing of its first two companies, has signed an agreement to adopt Nasdaq OMX Group's X-stream trading technology, the companies said Thursday.

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