Good evening,

History was made on Monday. The ASX top 200 suffered its worst day's trade on record, as the local bourse closed down 9.7 per cent.

The only silver lining for brokers was that all this increased trading volume in the past fortnight has been boosting revenue generated by equities desks.
However, ASIC had something to say about that over the weekend.

The regulator has called for up to 25 per cent fewer trades to go through the system because the market infrastructure can't cope and all the major brokers are implicated. We take a dive into their frustrations.

Meanwhile, deals are still being cut amid the pandemonium. Street Talk can tonight reveal global private equity firm The Riverside Group is set to run away with an Aussie mobility scooter and chair lift company.

Terms have been agreed and the transaction should finalise in coming weeks.

In other news, sale documents for Aldi's $700 million on-the-block logistics portfolio have landed in potential buyers' inboxes and senior UBS banker Robbie Vanderzeil is moving on.

Happy reading,

Sarah Thompson, Anthony Macdonald and Tim Boyd

Street Talk Editors