Australian Securities Exchange

Exchange entity Australian Securities Exchange (ASX)
Conducts business in Australia
Number of listed companies (31 May 2017) 2,231
Domestic market capitalization (in Millions USD, March 2017) 1,391,755
Has signed the SSE Commitment Letter? Yes
Has prepared SSE Communication to Stakeholders? No
Requires ESG reporting as a listing rule? No
  • Recommendation 7.4 of the ASX Corporate Governance Council’s Principles and Recommendations states that “a listed entity should disclose whether it has any material exposure to economic, environmental and social sustainability risks and, if it does, how it manages or intends to manage those risks”.
  • Listing Rule 4.10.3 requires all listed entities to publish annually a corporate governance statement that discloses the extent to which the entity has followed the recommendations set by the ASX Corporate Governance Council during the reporting period. Listed entities that do not follow a particular recommendation, are required to disclose that fact and provide the reasons why (“if not, why not” reporting).
Offers written guidance on ESG reporting? Yes The commentary to Recommendation 7.4 of the ASX Corporate Governance Council’s Principles and Recommendations refers companies to existing guidance such as: ASX also refers companies to the various publications of the:
Offers ESG related training? No
Provides sustainability-related indices? No
Has green bond listings? No
Additional Information
Organizational model of stock exchange
  • Listed, shareholder-owned for-profit public company; demutualized and self-listed in 1998.
  • Vertically integrated exchange offering trading in both equity and derivatives markets as well as the clearing and settlement for these markets.
Regulatory bodies
Regulatory model
  • ASIC supervises the real-time trading across all domestically licensed equities and futures markets. It is also responsible for the supervision of operators of financial markets and clearing and settlement facility (CS facilities) providers like ASX. ASIC also supervises ASX’s compliance as a listed public company on its own market.
  • RBA has formal responsibility for ensuring that CS facilities conduct their affairs in a way that is consistent with financial system stability.
  • ASX Compliance, a wholly owned subsidiary of ASX Limited, is responsible for monitoring and enforcing compliance by listed entities with the ASX Listing Rules.
  • The ASX Corporate Governance Council publishes principles and recommendations that set the standards of corporate governance for Australia’s listed entities.
About the stock exchange
  • Location: Sydney, Australia The ASX Group's origins as a national exchange go back to 1987. The Australian Stock Exchange Limited was formed in 1987 after the Australian Parliament drafted legislation that enabled the amalgamation of six independent state-based stock exchanges. Each of those exchanges brought with it a history of share trading dating back to the 19th century. In 2006 The Australian Stock Exchange merged with the Sydney Futures Exchange and originally operated under the name Australian Securities Exchange. Later, however, ASX launched a new group structure to better position it in the contemporary financial market environment. From 1 August 2010 the Australian Securities Exchange has been known as the ASX Group. Source
  • ASX is a multi-asset class, vertically integrated exchange group whose activities span equity, derivative and OTC markets. It offers primary and secondary market services, including the raising, allocation and hedging of capital flows, trading, central counterparty risk transfer, and securities settlement. See ASX for more details.
Ownership of Exchange (Shares >4% only) Share
HSBC Custody Nominees (Australia) Ltd 19.25%
JP Morgan Nominees Australia Ltd 13.68%
BNP Paribas Noms Pty Ltd 10.20%
National Nominees Ltd 8.28%
Citigroup Nominees Pty Ltd 5.64%
*As at 29 July 2016: Source 2016 ASX Annual Report