Australian Stock Exchange - ASX

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.

RELATED TERMS
  1. Australian Financial Markets Association ...

    The bank bill interest rate is the wholesale interbank rate within ...
  2. Trading Floor

    The floor where trading activities are conducted. Trading floors ...
  3. Exchange

    A marketplace in which securities, commodities, derivatives and ...
  4. Bolsa Boliviana de Valores - BBV

    A stock exchange located in La Paz, Bolivia. Bolsa Boliviana ...
  5. AUD

    In the currency market, this is the abbreviation for the Australian ...
  6. Aussie

    Slang term that is used to refer to the Australian dollar.
Related Articles
  1. Entrepreneurship

    Top 3 Most Successful Australian Entrepreneurs

    Learn interesting biographical information about some of the most famous and successful entrepreneurs who are originally from Australia.
  2. Investing Basics

    Stock Basics Tutorial

    If you're new to the stock market and want the basics, this is the tutorial for you!
  3. Personal Finance

    The Birth Of Stock Exchanges

    Learn how British coffeehouses helped give rise to the juggernaut that is the NYSE.
  4. Options & Futures

    The NYSE And Nasdaq: How They Work

    Learn some of the important differences in the way these exchanges operate and the securities that trade on them.
  5. Fundamental Analysis

    Stock Exchanges: A Global Tour

    Check out the history and inner workings of the world's six most well-known stock exchanges.
  6. Forex Education

    Commodity Prices And Currency Movements

    Find out which currencies are most affected by fluctuations in gold and oil prices, and improve your trading.
  7. Forex Education

    Get To Know The Major Central Banks

    The policies of these banks affect the currency market like nothing else. See what makes them tick.
  8. Active Trading

    Market Efficiency Basics

    Market efficiency theory states that a stock’s price will fully reflect all available and relevant information at any given time.
  9. Economics

    The History of Stock Exchanges

    Stock exchanges began with countries who sailed east in the 1600s, braving pirates and bad weather to find goods they could trade back home.
  10. Stock Analysis

    6 Risks International Stocks Face in 2016

    Learn about risk factors that can influence your investment in foreign stocks and funds, and what regions are more at-risk than others.
RELATED FAQS
  1. Is Australia a developed country?

    Australia is one of the most developed countries in the world. The nation's per capita gross domestic product (GDP), one ... Read Full Answer >>
  2. How do mutual funds work in India?

    Mutual funds in India work in much the same way as mutual funds in the United States. Like their American counterparts, Indian ... Read Full Answer >>
  3. Do mutual funds have CUSIP numbers?

    The Committee on Uniform Securities Identification Procedures (CUSIP) number is a standardized identification system used ... Read Full Answer >>
  4. Why would a corporation issue convertible bonds?

    A convertible bond represents a hybrid security that has bond and equity features; this type of bond allows the conversion ... Read Full Answer >>
  5. What is the difference between a greenfield investment and a regular investment?

    A greenfield investment is a particular type of investment where an international company begins a new operation in a foreign ... Read Full Answer >>
  6. What are the benefits for a company investing in a greenfield investment?

    Advantages of greenfield investments include increased control, the ability to form marketing partnerships and the avoidance ... Read Full Answer >>
Hot Definitions
  1. Black Swan

    An event or occurrence that deviates beyond what is normally expected of a situation and that would be extremely difficult ...
  2. Inverted Yield Curve

    An interest rate environment in which long-term debt instruments have a lower yield than short-term debt instruments of the ...
  3. Socially Responsible Investment - SRI

    An investment that is considered socially responsible because of the nature of the business the company conducts. Common ...
  4. Presidential Election Cycle (Theory)

    A theory developed by Yale Hirsch that states that U.S. stock markets are weakest in the year following the election of a ...
  5. Super Bowl Indicator

    An indicator based on the belief that a Super Bowl win for a team from the old AFL (AFC division) foretells a decline in ...
Trading Center