Why is BSX developing a range of niche trading markets and other private equity services?
During late 1997, BSX commissioned Ernst & Young and Small Cap Consultants to carry out feasibility work on the funding requirements of small and medium enterprises (SMEs) and the best way to meet those requirements. The feasibility study concluded that the funding requirements of SMEs were very diverse and the most effective way to meet them would be to develop a range of capital raising, trading and information services. The feasibility study also concluded that the services should aim to meet the needs of Australian businesses at different stages of their development.