The Australian Stock Exchange Limited or the ASX was started in 1987 by combining
6 self-governing stock exchanges that earlier functioned in the capital cities
of the states. Initially, the ASX started out as an independent establishment
like the earlier 6 stock markets. But in 1996, the members of the ASX took the
decision of making it a listed company that would follow the laws of the Australian
parliament. On 13 October 1998 the status was changed and since then the ASX shares
were listed on ASX's individual market.
Operating Units & Divisions of ASX...
1.
Markets: Colin Sculy is the Group Executive Head of this division and
its functions include
-Market Operations
-Primary & Structured Product Markets
-Business development / Project Services
-Market Services
-Information Services
-Risk Management
2.
Market Supervision: Eric Mayne is the Group Executive Head and it takes care of the following
-Issuer Supervision
-Market Surveillance
-Investor Protection
-Participant Supervision
-Investigations & Enforcement
-Corporate Governance
3.
Shared Services: John Hayes is the Chief Financial Officer and supervises the following operations
-Legal
-Financial Control
-Management Reporting
-Investor Relations
-Financial Processes
-Risk and Internal Audit
-Administration
4.
Technology: This division provides a wide range of information technology services to ASX and takes care of the internal systems of ASX. Jeff Olsson is the head of the Department and supervises the following:
-Technology Solutions
-Data Management
-E-Commerce Systems
-Technology Operations
-Trading & Clearing Systems
5.
Strategy: Angus Richards is the head of this unit and takes care of the growth and supervision initiatives.
6.
Corporate Office: Includes the following operations:
-ASX in the community
-Corporate relations
-Group General Counsel (including Tribunals)
-Media relations
-Group Compliance
7.
People and Development: Geraldine Chin is the General Manager and supervises the following functions
-Remuneration
-Services
-Training and Development
Education through ASX...
ASX not only invests your shares but it tells you how. The following are the ASX options.
-
Online Classes: These classes run for 24 hours a day and it's totally free of cost.
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Investments Clubs: These clubs are fairly new and consist of reading materials, links to significant websites, downloadable documents and bibliographies of relevant information sources.
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ASX Way book series: They have books for the beginners as well as the experienced.
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Audio Visual Presentations
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Education Diary
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Expos & Events: Seminars held every month in Perth, Sydney, Melbourne, Brisbane and Adelaide.
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ASX Sharemarket Games: Open for everyone above the age of 18 and amazing prizes to be won. For students ASX Schools Sharemarket Games can be played.
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Booklets & Brochures
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