Welcome....
We are run and updated by a team of Australian Stock Market enthusiasts and was designed as a directory and information source for new investors and old, looking for information and tools to help them better their profits from the Stock Market. Our aim is simple- to be the most comprehensive,up to date, easy to use and useful FREE Australian Stock Market information site on the web. We are not the ASX but a free information source to help people invest in the market by supplying information and links. To go to the Australian Securities Exchange website go to www.asx.com.au
Trading on the stock exchange is all electronic not like in days gone by where it was all manual and left up to humans. The system responsible for was called SEATS but has since been taken over by a new, far superior electronic system capable of many more transactions per second called ITS which stands for Intergrated Trading System.
Investing in the stock market can be a risky task. It can also be very rewarding to the patient investor who is willing to learn the skills necessary to profit from the markets. Please make sure before investing in the stock market that you read through all the relevant materials supplied on the pages within. You can make a living trading the stock market so don't give up to early.Be patient and of course have fun.
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The current Managing Director of the Australian Securities Exchange is Robert Elstone who was appinted in 2006.
There are four major index's which are regularly quoted and these include the All Ordinaries, The Top 200 (list of the top 200 stocks),the Top 100 (list of the top 100 stocks and the
ASX 50 which contains the top 50 stocks.The most common indices which we often here on the news are the Top 200 and the All Ords. They are still watched by investors as the bench mark indices and are an indication of where the market is traveling. The Australian Securities Exchange is a public company and is listed on it's own Exchange. Every stock listed is assigned a three letter code.
The current market capitalisation is believed to be about 1 trillion dollars with approx 2200 listed companies to date.
The Stock Exchange trades approx 500 000 trades a day.
The mining stocks make up a very large portion of the index especially with the recent Mining resource boom.Some of the biggest stocks traded that make up the index include,Rio Tinto, BHP Billiton, National Australia Bank and Telstra.
There are many rules regarding listing on the Australian Securities Exchange but this can be a great way for companies to expand and get new funds into their coffers.
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