ASX
Business & Finance abbreviation · Stock Market & Investing
| Stands for | Australian Securities Exchange |
|---|---|
| Categories | Business & Finance |
ASX stands for Australian Securities Exchange, a stock market & investing abbreviation.
Australia's primary securities exchange, based in Sydney and operated by ASX Ltd, where shares, derivatives and fixed-income securities trade. Its main benchmark is the S&P/ASX 200 index.
Example: BHP and Commonwealth Bank are the two heaviest weights in the ASX 200.
Usage notes
Formed in 2006 through the merger of the Australian Stock Exchange and the Sydney Futures Exchange. Mining and banking companies dominate the market. A long-running project to replace its CHESS settlement system with blockchain technology was abandoned in 2022 after years of delays.