Whenever we talk about Securities Exchange in Australia So the name of the Australian Stock Exchange comes first. ASX ,Australian Securities Exchange which is one of the primary Securities Exchange for Australia with a market cap of almost $154 Trillion, has been working since 1987, its headquarter is located in Sydney Australia. That’s why so many people called it as Sydney Stock exchange also. Actually Australian Securities Exchange is the yield of two differ stock exchanges called Australian Stock Exchange & Sydney Future Exchange , around the year of 2000 both these exchange got merged and we got a new stock exchange called ASX (Australian Securities Exchange).
Along with it there are so many trading facility or trading instruments those you (clients) can get on their trading platform or on their trading exchange like Share market trading, futures trading, derivatives like Interest Rate, Grains, Energy etc. It does also contain ETF Exchange Traded Fund, Exchange traded options, Bonds, Warrants, Indices, Hybrid Securities etc, here its important to know that the National Australia Bank is the part of ASX Stock Trading which enhance the value of ASX. Other top companies are AGL, ALL, AMP, ANZ, etc.
As we know that ASX ranked on top Worldwide exchanges, globally there are so many popular and major exchanges those are Nasdaq, London Stock Exchange, Bombay Stock Exchange etc. Once there was a time when paper trading was very popular in the world but this electronic trading system has changed this business a lot and now days we can see that for all financial markets instruments trading we just the electronic trading system.
Future of ASX (Australian Securities Exchange)
Australian Securities Exchange is a top leader in electronic trading industry, as we know that a major securities exchange and so far have many major companies listed in this exchange. We can say that the future of ASX is really bright and this is big size of trading instruments hub where so many major companies share are traded on everyday bases and have a very powerful market capitalization. Adjusting in top major world exchanges would not be that much easier and ASX has proven that they gonna be still in a great shape for many coming years.