Overview
Australian Securities Exchange (ASX) is a stock exchange based in Sydney, Australia. The acronym or abbreviation for this market is ASX. This page contains information on the trading hours, market holidays, contact information and more.
Geography
Australian Securities Exchange is located in the country of Australia.
Stock exchanges near Australian Securities Exchange include the following markets: Indonesia Stock Exchange, Philippine Stock Exchange, Singapore Exchange, Bursa Malaysia & Hochiminh Stock Exchange.
Official currency
The main currency of Australian Securities Exchange is AUD. It's symbol is $.
The Australian Securities Exchange: A Premier Destination for Investors
The Australian Securities Exchange, also known as ASX, is Australia's primary securities exchange system. It ranks among the top 20 exchanges worldwide in terms of market capitalization, providing investors with an efficient and transparent platform for trading in various financial instruments such as shares, bonds, and derivatives.
History of Australian Securities Exchange
The ASX was established in 1987 by the merger of six Australian state-based stock exchanges. This allowed for the creation of a single, unified exchange, providing a more liquid and efficient market for sellers and buyers of securities. Over the years, the exchange has continued to adopt new technologies and adapt to international best practices, making it a world-class trading platform.
Australian Securities Exchange Today
Today, the ASX operates through two main markets: the ASX Trade, which is an electronic trading platform that matches buyers and sellers in real-time, and the ASX Clear, which provides clearing and settlement services to ensure that all trades are settled successfully. The exchange also operates a number of other markets, including the ASX Liquidity Centre, ASX Centre Point and ASX Austraclear.
One of the exchange's key strengths is its diverse range of securities listed on its platform. The ASX has over 2,400 listed companies, with a total market capitalization of around AUD 2.1 trillion. This includes both large, established companies as well as small to mid-sized firms in various sectors such as mining, healthcare, and telecommunications.
The ASX is also recognized for its high regulatory standards, with a strong focus on ensuring a fair and transparent trading environment. The exchange is regulated by the Australian Securities and Investments Commission (ASIC), which sets out rules and standards for market participants.
Summary
In summary, the ASX is a top-tier securities exchange that provides investors with a transparent, efficient, and diverse platform for trading in various financial instruments. With its rich history and continued innovation, the ASX is poised to remain a premier destination for investors and businesses looking to raise capital and access global markets.
About us
OpenMarket is a comprehensive online platform that aims to provide investors with accurate information regarding the opening hours of stock markets across the globe. Our goal is to help investors make informed decisions about their investments by providing them with up-to-date information about when markets are open and closed.