Headquartered in Sydney.
Market Capitalization (2011, USD Billions) – 1,198;
Trade Value (2011, USD Billions) – 1,197.
The Australian Securities Exchange is Australia’s primary securities exchange and it was created back in 2006 when the merger of Australian Stock Exchange and the Sydney Futures Exchange took place.
Today Australian Securities Exchange is 9th largest stock exchange in the world by market capitalization and has an average daily turnover of 4,685 billion dollar. Products and services available for trading on ASX include shares, futures, exchange traded options, warrants, contracts for difference, exchange-traded funds, real estate investment trusts, listed investment companies and interest rate securities. The major market index is the S&P/ASX 200.
The Australian Securities Exchange (ASX, sometimes referred to outside of Australia as the Sydney Stock Exchange
The Reserve Bank of Australia (RBA) has oversight of the ASX’s clearing and settlement facilities for financial system stability.
The biggest stocks traded on the ASX, in terms of market capitalisation, include BHP, Commonwealth Bank, Westpac, Telstra, Rio Tinto, National Australia Bank and Australia and New Zealand Banking Group.