DEFINITION of 'Australian Stock Exchange - ASX'
The stock exchange headquartered in Sydney, Australia. The Australian Stock Exchange in its current form was created through a merger of the Australian Stock Exchange and Sydney Futures Exchange. The ASX acts as a market operator, clearing house and payments facilitator, and also provides educational materials to retail investors.
BREAKING DOWN 'Australian Stock Exchange - ASX'
The original ASX was formed in 1987 after six independent stock exchanges that operated throughout Australia merged. The ASX offers equities, futures, options, warrants, ETFs and REITs, among other securities.