Australian Securities Exchange (ASX)

Posted By Steve On Sunday, October 11th, 2009 With 0 Comments
asxlogo Customer Service Hours:
8:30am-6:00pm Sydney Time.

131 ASX (131 279) – Phone from within Australia
+61 2 9338 0000 – Phone from Overseas
02 9227 0885 – Fax

Australian Securities Exchange

ASX Limited (formerly The Australian Stock Exchange Ltd.) operates Australia’s primary national stock exchange for equities, derivatives (options & warrants), and fixed interest securities. It also provides comprehensive market data, educational booklets and market/ industry summaries to a range of users. Ranked 8th on the MSCI index Рthe Australian Stock Exchange has a memoranda of understanding with the national exchanges in Hong Kong, Indonesia, Japan, Jakarta, Korea, Malaysia, the Philippines, Surabaya, Shenzhen, Taiwan, Thailand and Singapore, with a view to building closer relationships with exchanges in its region to extend its network of market linkages.

The ASX uses a tailored version of OMX Technology’s CLICK XT application dubbed the Integrated Trading Systems (ITS) at the exchange. All ASX Trading Participants may access the ITS from anywhere from within Australia or outside the country. Access is granted through either an ASX-provided ITS Workstation or through its ITS Open Interface. Through the Open Interface, Trading Participants may link in-house dealing systems via a messaging interface to ITS. Participants may elect to acquire an Open Interface compatible dealing system from a third party or build their own.

Trading System
Stock Exchange Automatic Trading System (SEATS) for equities, warrants, options and interest rate securities. SEATS is owned by ASX and used by Brokers and other trading organisations. It is accessible by all ASX Trading Participants from anywhere within Australia and may be accessed from outside Australia

Trading Hours
SEATS trading: 10:00 – 16:00
Pre-opening: 07:00 – 10:00 (to enter, amend or cancel bids/offers)
Open: 10:00 (securities open in five groups, according to the starting letter of their ASX code)
Group 1 10:00:00 am +/- 15 secs A-B, e.g. ANZ, BHP
Group 2 10:02:15 am +/- 15 secs C-F, e.g. CPU, FXJ
Group 3 10:04:30 am +/- 15 secs G-M, e.g. GPT
Group 4 10:06:45 am +/- 15 secs N-R, e.g. QAN
Group 5 10:09:00 am +/- 15 secs S-Z, e.g. TLS
Pre CSPA: 16:00 – 16:10 ( trading stops and brokers enter, change and cancel orders in preparation for the market closing.)
Closing Single Price Auction: 16:10 – 16:12 (ASX Trade calculates closing prices during this phase.)
After hours adjust: 16:12 – 19:00 (trading executed manually off market)

Security Identifiers
ISIN (International Securities Identification Numbering): Yes

Other: three-character security code issued by the ASX (can be extended to six characters to incorporate derivatives).

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