ASX Limited (ASX.AX)
ASX Limited operates in the Financial - Data & Stock Exchanges industry of the Financial Services sector, headquartered in Sydney, NSW, AU. The stock last traded at $60.40, up 8.81% on the session, giving a market capitalisation of $11.79B. Its beta of 0.32 implies it has historically moved less than the broad market.
ASX Limited operates as a comprehensive, integrated exchange entity, managing diverse asset classes both within Australia and across global markets. The company facilitates marketplaces for various types of assets, such as shares, bonds, raw materials, and energy products. Its extensive service offerings encompass managing listings, enabling transactions, clearing and settling trades, maintaining registries, delivering technical and informational support, and a spectrum of other post-trade operations. Additionally, it provides exchange services for securities and derivatives, alongside supporting ancillary functions, and critical central counterparty clearing. ASX is further engaged in depository and settlement functions, including the delivery-versus-payment clearing of financial instruments. It also supplies valuable data and technological solutions to a range of stakeholders, including financial intermediaries, banks, data providers, and software developers. These services empower clients to make informed decisions, deliver offerings to their own customers, and foster interconnections within the financial ecosystem. Established in 1987, the firm's headquarters are located in Sydney, Australia.
ASX Limited is most often compared with the following Financial Services names: