ASX

The Australian Securities Exchange (ASX) is the primary stock exchange in Australia, headquartered in Sydney. It was established in 1987, following the merger of six independent state-based stock exchanges. The ASX operates as a market operator, clearinghouse and securities settlement system, facilitating the trading of a wide range of securities such as shares, bonds, and derivatives.

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The ASX is a key player in the Australian financial system, providing a platform for companies to raise capital and investors to buy and sell securities. It is also a significant contributor to the Australian economy, with a market capitalization of over $2 trillion and more than 2,200 listed companies. The ASX is regulated by the Australian Securities and Investments Commission (ASIC) and is subject to strict rules and regulations to ensure transparency and fairness in trading.