The Australian Securities Exchange (ASX) is the fourteenth largest stock exchange in the world by market capitalisation. The major index is the ASX 200, which tracks the top 200 stocks listed on the Australian stock exchange. The Australian economy has benefitted greatly from its rich deposits of natural resources and positive international trade relations. Australia has experienced 26 years growth without a technical recession and has the longest run of uninterrupted GDP growth in the world.
Some of the largest and most well-known listed stocks include Telstra (TLS), BHP Billiton (BHP), Commonwealth Bank of Australia (CBA), Wesfarmers (WES), Woolworths (WOW), Blackmores (BKL), Macquarie (MQG), Fortescue Metals (FMG), Newcrest Mining (NCM).
|Online Trading||Offline Trading|
|Australia (ASX)||0.12%||AUD $19.80||0.50%||AUD $60.00|
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|Australia Time AEST||10:00am – 04:00pm|
* Daylight Savings start on First Sunday in October and Ends on First Sunday in April.
|Settlement Cycle||T+2 Market Days|