Australian Securities Exchange

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Primary securities exchange in Australia


Template:Infobox stock exchange

The Australian Securities Exchange (ASX) is the primary securities exchange in Australia. It is headquartered in Sydney, and it was established in 1987 through the amalgamation of six independent stock exchanges from various Australian cities. The ASX operates under the umbrella of ASX Limited, a public company listed on the exchange itself.

History[edit | edit source]

The ASX was formed on 1 April 1987, following the merger of the six independent stock exchanges in Sydney, Melbourne, Brisbane, Adelaide, Perth, and Hobart. This consolidation aimed to create a more efficient and unified market for trading securities in Australia.

Operations[edit | edit source]

The ASX provides a platform for trading a wide range of financial products, including equities, derivatives, commodities, and fixed income securities. It operates several key indices, such as the S&P/ASX 200, which tracks the performance of the top 200 companies listed on the exchange.

Market Structure[edit | edit source]

The ASX operates a fully electronic trading system, which enhances the speed and efficiency of transactions. It also offers clearing and settlement services through its subsidiary, ASX Clear, ensuring the integrity and stability of the market.

Regulation[edit | edit source]

The ASX is regulated by the Australian Securities and Investments Commission (ASIC), which oversees its compliance with national financial laws and regulations. The ASX also has its own set of listing rules and corporate governance standards that listed companies must adhere to.

Key Indices[edit | edit source]

Related Pages[edit | edit source]

See Also[edit | edit source]

References[edit | edit source]

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