ASX Ltd (ASX: ASX) Share Price and News

ASX Ltd (ASX: ASX) is the primary Australian listings venue and one of the world’s top 10 listed exchange groups by market capitalisation.

Functioning as a market operator, clearinghouse and payments system facilitator, ASX provides a full suite of services across a range of asset classes including equities, fixed income, commodities and energy. ASX also oversees compliance with its operating rules and provides data and technology services to third parties such as intermediaries, banks and software developers.

The company’s history goes back to 1987 when the Australian Stock Exchange Limited was formed through incorporation under government legislation. The formation of this national stock exchange involved combining the 6 independent state-based stock exchanges that were operating in each capital city at the time. Then, in 2006, the Australian Stock Exchange merged with the Sydney Futures Exchange and the combined entity was initially called the Australian Securities Exchange. However, in 2010, ASX launched a new group structure and is now known as ASX Group.

As one of Australia’s largest listed companies, ASX’s shareholder proposition includes its market-leading position, growing dividends from sustainable earnings, and strong cash flow generation.