Enterprise Mobile App Development

News

Mr Robert Priestley resigns from the board of ASX

ASX advises that Mr Robert Priestley has resigned from the ASX Board, with effect from today.

Mr Priestley said, "I am very conscious of the unique role that the ASX plays at the heart of Australia's financial marketplace, and with all of its participants. There has been considerable interest in the ACCC banking matter which may become a potential distraction for the ASX and my Board colleagues. "It is likely that this matter will take some time to resolve, and as there are limits to the information that can be discussed at this time, I think the right course of action in these circumstances is to step aside from the ASX Board to allow the situation to be fully resolved. I look forward to the time when all of the facts and circumstances relevant to this matter are clarified."

RobertPriestleyResignsfromtheBoardofASX.pdf

Ramy Aziz to retire as ASX Chief Financial Officer ASX announces that its Chief Financial Officer,

Mr Ramy Aziz, will retire in September 2018, after 18 years of service with the Group, including eight years as CFO. ASX Managing Director and CEO, Dominic Stevens, said: "Ramy has made a very significant contribution to ASX over many years and has been an important member of my Executive team. I have valued his support, and the expertise and sound judgement that he has brought to his role as CFO.

ASXCFOAnnouncementJun18.pdf

Trading – Cash Markets (including equities, interest rate and warrant trades)

* In May 2018, the average daily number of trades was 2% higher than the pcp. The average daily value traded onmarket of $4.5 billion was down 3% on the pcp.

* Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.3% in May on par with the previous month (0.3%).

* Expected future volatility (as measured by the S&P/ASX 200 VIX) in May was an average of 12.0 (compared to 13.3 in April).

ASXMonthlyActivityReportDec2017.pdf

ASX invests in a new electronic property settlement business

ASX Limited (ASX) has partnered with Australian Technology Innovators Pty Limited (ATI), the parent company of InfoTrack, Australia's leading provider of eConveyancing technology and services, to enter the national electronic property settlement market. Sympli Australia Pty Ltd (Sympli), owned 50:50 by ASX and ATI, has applied to become an Electronic Lodgment Network Operator (ELNO) with the regulator, the Australian Registrars' National Electronic Conveyancing Council (ARNECC).

ASX and InfoTrack see an attractive opportunity to deliver a market-leading electronic property settlement service by combining their significant experience and expertise - ASX's in secure, electronic financial market settlements and InfoTrack's in property settlement technology and processes. Sympli will offer lawyers, conveyancers and financial institutions a more streamlined and comprehensive technology solution that will seamlessly integrate with clients' existing practices and systems. The service will improve efficiencies and support Australia's successful transition to full electronic conveyancing and settlement.

The electronic property settlement industry in Australia is estimated to have potential revenues in excess of $200m1 . Subject to regulatory approvals, Sympli expects to begin operations towards the end of 2018, ASX expects to invest approximately $30 million in the new venture over this and the next two financial years. This will comprise approximately $7 million in 2018, with further investments in 2019 and 2020. ASX estimates that Sympli will break-even in the 2021 financial year.

ASXInvestmentInSympliMay2018.pdf

 

* In April 2018, the average daily number of trades was 5% higher than the pcp. The average daily value traded onmarket of $3.9 billion was down 8% on the pcp.

* Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.3% in April down on the previous month (0.6%).

* Expected future volatility (as measured by the S&P/ASX 200 VIX) in April was an average of 13.3 (compared to 14.0 in March).

ASXMarketMonthlyActivityReportApril2018.pdf

• Financial results for the 9 months ending 31 March 2018

• Strengthening the foundations for continued resilience and future growth

• CHESS replacement journey

• Other licence to operate initiatives

• Listings framework enhancements

• Conclusions

MacqarieConferencepresentationMay2018.pdf

 

* Our third quarter 2018 and fiscal year-to-date numbers.

* Work underway to lay the foundations for continued resilience and future growth. This includes the largest, and perhaps best known project, CHESS replacement, and a number of other projects where ASX is strengthening its core foundations.

* I'll also touch on another area on which we are focussed – our listings business. This includes our continuing work to evolve and strengthen the compliance framework, and an overview of the role ASX and many other parties play in the overall regulatory environment.

* I will finish with a summary before moving on to Q&A.

CEOSpeakingnotesMacConferenceMay18.pdf

Trading – Cash Markets (including equities, interest rate and warrant trades)

• In March 2018, the average daily number of trades was 19% higher than the pcp. The average daily value traded on-market of $4.4 billion was up 1% on the pcp.

• Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.6% in March down on the previous month (0.7%).

• Expected future volatility (as measured by the S&P/ASX 200 VIX) in March was an average of 14.0 (compared to 16.3 in February)

ASXMonthlyActivityReportMar18.pdf

Dear ASX Shareholder,

On 15 February 2018, ASX Limited (ASX) announced strong half-year results for the six months to 31 December 2017 (1H18). Profit after tax rose 5.1% on the same period last year (1H17) to $230.5 million and was up 7.3%, or almost $16 million, on the preceding six months. The performance was driven by higher secondary capital raisings, increased futures trading – particularly from offshore – and growth in technical services connections and customers. While cash market trading was down amid low levels of market volatility, revenue from information services increased with an expanded range of products.

ASX's expenses rose 6.7%, with an underlying increase of 3.1% that excludes some step changes such as higher rent, electricity, postage and ASIC levy costs. Our capital expenditure is expected to be circa $50 million for the full-year, with continued investment in existing and new technology

ASXlettertoshareholderMar18.pdf

Update Summary

Entity name ASX LIMITED

Security on which the Distribution will be paid ASX - ORDINARY FULLY PAID

Announcement Type Update to previous announcement

Date of this announcement Tuesday March 13, 2018

Notificationofdividendmar18.pdf

Drop us a line, we'd like to hear from you