Initial Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
The Board of ASX Limited announces the appointment of Mr Peter Nash as a non-executive director effective today.
Mr Nash will stand for election at ASX's Annual General Meeting on 24 September 2019.
Mr Holliday-Smith said: "The Board and I are very pleased that Peter has agreed to join the ASX Board. Peter has over 30 years' experience in financial management, reporting, risk management and auditing in complex operating environments. He has advised some of Australia's largest multi-nationals across a variety of sectors on a range of topics. Peter has held a number key leadership positions including as Executive Chairman of KPMG Australia. He has strong leadership, governance and audit skills which are valuable to and will complement the skills of the ASX Board."
Good morning and thank you for inviting me to speak at your conference for the third consecutive year. It's a pleasure to be with you.
The stockbrokers and financial advisers community is one of ASX's most important stakeholder groups. Many of you are our direct customers. Many of you work shoulder to shoulder with ASX on a range of projects, be they regulatory initiatives to keep the quality of our marketplace high or business innovations that seek to cut costs and improve efficiencies for you and your clients. I thank you for your partnership and support.
The significant relationship between ASX and the community in this room underpins my address today. Much of ASX's current work program involves engaging more closely with brokers and advisers, to better understand your challenges and create opportunities for future growth – your growth and ours.
Stockbrokers and Financial Advisers Conference 2019
Delivering new customer opportunities with digital, data and DLT
Open infrastructure solutions
- Create new products and services
- Improve operational efficiency
- Reduce risks and costs
Attached are speaking notes for the presentation that ASX Managing Director and CEO Dominic Stevens will deliver to investors at 4.00pm today at the Macquarie Australia Conference in Sydney
The presentation provides an update on operational and strategic matters disclosed at ASX's 2019 interim financial results and in the March 2019 activity report.
Attached is the presentation that ASX Managing Director and CEO Dominic Stevens will deliver to investors at 4.00pm today at the Macquarie Australia Conference in Sydney.
Mr Stevens' speaking notes will be released on the Market Announcements Platform later today and prior to the presentation.
The presentation provides an update on operational and strategic matters disclosed at ASX's 2019 interim financial results and in the March 2019 activity report. ASX is not providing the unaudited, pro-forma financial results for the 9 months to 31 March 2019, discontinuing the practice of recent years.
Trading – Futures
* In March 2019, average daily futures and options on futures volumes were up 21% on the pcp. Average daily futures volume was up 20% and average daily options volume was up 151% on the pcp
Trading – Equity Options
* In March 2019, single stock options average daily contracts traded were down 3% and index options average daily contracts traded were down 5% on the pcp.
On 14 February 2019, ASX Limited (ASX) announced a strong result for the first half of the 2019 financial year (the six months to 31 December 2018 – 1H19). Statutory profit of $246.1 million was achieved, up 6.8% – almost $16 million – or up 10.2% on a like-for-like accounting basis, compared to the same period last year. Each of our four businesses grew solidly, as did interest earnings, during a period of heightened volatility, emphasising the benefit of ASX's diverse business model.