Alec Hogg: Celebrating Xero’s drop to August 2020 level

There were a number of unhappy Standard Bank Webtrader clients after we adding the first tranch of Australian-listed Xero to the BizNews portfolio in January. Reason: because demand for ASX stocks had been so low, the bank had terminated its clients' access to the Sydney exchange.

Read also: Alec Hogg: Brace yourself, more bumps for tech stocks

I suggested in this newsletter that Webtrader clients drop bossman Brett Duncan a line asking for a reopening. Seems enough of you did, as I received a mail yesterday saying the ASX is once again available. On the BizNews Power Hour last night Brett told us it's the 28th exchange available to Webtrader clients.

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