A high-growth/low-inflation economy and robust political and economic institutions have helped Australia rank as the 14th largest economy in the world and the 4th largest in the Asia Pacific region.
ASX Group offers primary market and trading services through the Australian Securities Exchange, clearing through ASX Clearing Corporation and settlement and depository services through ASX Setttlement Corporation.
ASX Group recognises that its ability to achieve its commercial and operating goals is dependent upon the value its services deliver to customers. This section describes those services.
Underpinning ASX Group's long-term success as a market operator and provider of clearing and settlement services is its ability to reliably and fairly provide high-quality, high-performance systems and processes.
ASX Compliance oversees ASX Group's obligations as a market operator and clearing and settlement facility operator. This section contains all rules, notes and waivers pertaining to markets operated by ASX Group.
A searchable repository of documentation, speeches and announcements relevant to ASX shareholders, market participants, the media, and the general public.Enforcement action against ASX Participants
The Executive Office within ASX Compliance is responsible for bringing disciplinary action against market, clearing and settlement participants for breaches of ASX's operating rules.
Currently, there are two disciplinary processes in place, depending on when relevant events occurred.
Disciplinary action in relation to operating rule breaches that occurred prior to 1 August 2010 are brought before the Disciplinary Tribunal in accordance with the ASX Disciplinary and Appeals Rulebook. A right of appeal lies from decisions of the Disciplinary Tribunal to the Appeal Tribunal.
Disciplinary action in relation to operating rule breaches that occur on or after 1 August 2010 are brought before the ASX Chief Compliance Officer (CCO) in accordance with the ASX Enforcement and Appeals Rulebook. A right of appeal lies from decisions of the CCO to the Appeal Tribunal.
For more information about the ASX Disciplinary and Appeals Tribunals, click here.