The Real Reason Fewer Companies Are Going Public

In this episode of Ticker Talk, we’re joined by Professor Carole Comerton-Forde, one of Australia’s leading experts in market structure, trading, and capital markets.

From the evolution of the ASX and the rise of indexing, to dark pools, high frequency trading, and the decline of public markets, Carol breaks down some of the biggest shifts shaping modern investing. She explains why fewer companies are choosing to list, how private capital is changing the landscape, and why public markets still matter for everyday investors.

This is a smart, accessible conversation on how markets really work and where they may be heading next.

Timestamps:

00:00 Intro
00:55 Meet Prof. Carole Comerton-Forde
04:14 How markets have evolved
09:24 The rise of indexing
12:17 Trading hours, liquidity and small caps
18:05 Dark pools and high-frequency trading
25:04 Is the public market in decline?
35:50 Quickfire questions
40:42 Outro