Australian Securities Exchange (ASX) - statistics & facts
A securities exchange is an organized market where financial investments such as stocks, bonds, mutual funds, and commodities are bought and sold. Australia’s primary securities exchange was founded in 1987 and is known as the Australian Securities Exchange or ASX. The ASX is operated by a public company (ASX Limited) and was established by merging the country’s six state securities exchanges at that time. In 2006, the ASX was further combined with the Sydney Futures Exchange. The ASX is not to be confused with the Sydney Stock Exchange (SSX), a separate entity. While the largest stock markets worldwide are based in North America, East Asia, and Europe, the ASX is still placed within the top 10 exchanges based on equity market values.
