ASX Limited (ASXFY)
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 $39.13, down 3.02% on the session, giving a market capitalisation of $7.64B. On trailing twelve-month figures it carries a trailing P/E of 20.64, a net margin of 34.8%. Its beta of 0.33 implies it has historically moved less than the broad market.
ASX Limited functions as an integrated financial market infrastructure provider, catering to multiple asset classes across Australia and internationally. The company delivers a comprehensive suite of services, encompassing market listings, trading execution, central counterparty clearing, and settlement processes. Beyond these core functions, it furnishes essential technical and informational support, alongside a range of post-trade solutions. ASX Limited manages robust exchange platforms for various asset types, including equities, fixed income instruments, commodities, and energy derivatives. It additionally supplies critical data and technology platforms to financial intermediaries, banking institutions, information providers, and software developers, enabling them to strategize, serve clients, and foster interconnectedness. The firm is also instrumental in maintaining financial product registries, overseeing depository functions, and managing delivery-versus-payment clearing. Founded in Sydney, Australia, in 1987, ASX Limited remains a pivotal player in the global financial landscape.
ASX Limited is most often compared with the following Financial Services names: