All Entries Tagged With: "ASX"
ASX 25th Anniversary
The 1 April 2012 marks the 25th anniversary of the creation of ASX, when Australia’s six state-based exchanges put aside decades of rivalry to form a single liquid, transparent and globally competitive national stock market. Made possible by federal legislation, the momentous event paved the way for many other significant ASX milestones, including the adoption [...]
Roderic Holliday-Smith New ASX Chairman
The ASX Board has elected Mr Roderic (Rick) Holliday-Smith to succeed Mr David Gonski as Chairman of Directors. Mr Gonski is resigning as a director of ASX effective March 28 and will take up his appointment as Chair of the Future Fund Board of Guardians on 3 April 2012. Mr Holliday-Smith was appointed a director [...]
LSE in Blue-Chip Talks With SGX and ASX
The London Stock Exchange Group is in talks with exchanges in Singapore and Australia to trade shares listed on each others’ bourse, the Financial Times reported, citing unidentified people familiar with the matter. LSE last week agreed to buy clearing house LCH.Clearnet Group, and that business would clear Singapore stocks traded in London and UK [...]
ASX Group Monthly Activity Report February 2012
The value of ASX-listed stocks, as measured by the All Ordinaries Index, rose 1.4% in February 2012. This performance was slightly below rises in other major markets, including Japan up 10.5%, Hong Kong up 6.3%, Germany up 6.1%, the US up 4.1%, the UK up 3.3% and Singapore up 3.0%. Volatility measures for the Australian [...]
ASX Welcomes Fidessa to the Australian Liquidity Centre
The Australian Securities Exchange (ASX), the leading securities exchange in Australia, and Fidessa Group PLC, a provider of high-performance trading, investment management and information solutions for the world’s financial community, announce that Fidessa will be co-locating its Software as a Service (SaaS) solutions and global connectivity network for the financial marketplace at ASX’s new data [...]
ASX Half Year Results
Financial Highlights • Statutory profit after tax $175.6 million, up 2.1% • Underlying profit after tax (excluding significant items) $180.7 million, up 2.9% • Operating revenue $315.1 million, up 2.8% • Interest and dividend revenue $25.2 million, up 13.7% • Cash operating expenses $70.4 million, up 3.4% • Earnings per share 103.2 cents, up 2.5% [...]
ASIC Supervision and Competition Cost Recovery for ASX and Chi-X Participants
As of 1 January 2012, a new market supervision fee model and cost recovery arrangement is in force to allow the recovery of costs from market operators and participants (ie. stockbrokers) for the supervision of Australia’s equities markets. The new cost recovery regime, which was developed by Treasury and ASIC in consultation with industry, complies [...]
FFastFill Expands Horizon Network to ASX Australian Liquidity Centre
FFastFill plc, the leading supplier of front, middle and back office technology to the global derivatives market, announced January 16 that it has expanded its colocation offerings to include access to the ASX’s new data and co-location centre – the ASX Australian Liquidity Centre (ALC). FFastFill will offer multi-exchange connectivity via its Horizon trading network [...]
ASX Fines Goldman $50K For Breach of Client Money
The ASX Disciplinary Tribunal (the ‘Tribunal’) has imposed a fine of $50,000 (plus GST) on Goldman Sachs Australia Pty Limited (‘GSA’) for failing to ensure that client monies were treated in accordance with requirements of ASX Market Rules and the Corporations Act. The circumstances involved contraventions of the following: a) ASX Market Rule 7.11.1* – [...]
Olsson to Leave ASX
ASX announces that Mr Jeff Olsson, Group Executive Technology, has decided to leave ASX. Mr Olsson will leave the company in July 2012. ASX Managing Director and CEO, Mr Elmer Funke Kupper, said Mr Olsson has made a significant contribution to the ASX over the past 15 years. “Jeff will continue to lead the Technology [...]
