The Australian Securities Exchange (ASX)
HISTORY | The Australian Securities Exchange (ASX) was formed in 2006 through the merger of Australian Stock Exchange and Sydney Futures Exchange (SFE). Founded in 1960, Sydney Futures Exchange began trading as Sydney Greasy Wool Futures Exchange (SGWFE). Its original goal was to provide Australian wool traders with hedging facilities in their own country.
In 1993, it launched overnight options on futures, the world's first product of its type. In 1998, it was the first exchange in the world to demutualise and list on its own market – a trend that has been followed by several other exchanges over the years. From 1 August 2010, ASX has been known as the ASX Group, a world top-10 exchange group measured by market capitalization.
MARKET POSITION | ASX / SFE is currently the only futures exchange in Australia. SFE's main trading products include stock, futures, foreign exchange options, warrants, CFDs, exchange traded funds, real estate investment trusts, listed company investment and interest rate securities.
OFFICIAL WEBSITE | http://www.asx.com.au