ASX
Australian Securities Exchange Ltd., also known as ASX, is a publicly traded Australian firm that runs Australia's main securities market (sometimes referred to outside of Australia as, or confused within Australia as, The Sydney Stock Exchange, a separate entity). The six state securities exchanges were combined to form the ASX on April 1, 1987, through incorporation pursuant to Australian Parliamentary legislation. In 2006, the ASX amalgamated with the Sydney Futures Exchange.
Nowadays, ASX is one of the top 20 listed exchange groups in the world, with an average daily turnover of A$4.685 billion and a market capitalization of over A$1.6 trillion. All shares, structured instruments, warrants, and ASX equity derivatives are cleared through ASX Clear.
The market capitalization of ASX as of April 2023 was $9.14 billion. By market valuation, this places ASX as the 1566th most valuable firm in the entire world. The company's current revenue (TTM) as of the most recent ASX financial filings is $0.71 billion. The company's revenue in 2022 was $0.71 billion, down from $0.72 billion in 2021.
Founded: 1987
Headquarters: Sydney, Australia
Website: www.asx.com.au