Australian Securities Exchange (ASX) was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006. ASX is an integrated exchange offering listings, trading, clearing, settlement, technical and information services, technology, data and other post-trade services.
It acts as a market operator, clearing house and payments system facilitator. It oversees compliance with its operating rules, promotes standards of corporate governance among Australia’s listed companies and helps to educate retail investors.
ASX operates markets for a wide range of asset classes including equities, fixed income, commodities and energy. As an integrated exchange, ASX’s activities span primary and secondary market services, including the raising, allocation and hedging of capital flows; trading and price discovery; central counterparty risk transfer; and securities settlement for both the equities and fixed income markets.
ASX’s business is structured around four divisions: Listings, Markets, Technology and Data, and Securities and Payments.
ASX Compliance oversees compliance by listed entities and market participants with ASX listing and operating rules, respectively. Confidence in the operations of ASX is reinforced by the market supervision and regulatory role undertaken by the Australian Securities and Investments Commission (ASIC) across all trading venues and clearing and settlement facilities, as well as through the Reserve Bank of Australia’s oversight of financial system stability. ASIC also supervises ASX’s own compliance as a listed public company.
ASX’s approach to managing long-term sustainability brings together the broad range of activities occurring within their business to manage non-financial material risks. ASX has also implemented a number of policies to ensure ethical conduct and transparency, in areas including: anti-bribery and corruption, disclosure, diversity and inclusion, modern slavery and workplace gender equality. These policies can be found under corporate governance information on their website.
Vision:
ASX’s vision is to be the world’s most respected financial marketplace.
ASX is an Australian owned public company, deriving revenue from the provision of securities and derivatives exchange services, central counterparty clearing services, and financial product clearing services.
