ASX Ltd.

ASX Ltd.

ASX Ltd.

Overview
Date Founded

1987

Headquarters

Exchange Centre,20 Bridge Street,Sydney, New South Wales (NSW) 2000

Type of Company

Public

Employees (Worldwide)

554

Industries

Securities & Commodities Exchanges
Investment Banking & Brokerage

Company Description

ASX Group (ASX) is an umbrella brand developed to reflect the role of ASX Limited as the holding company of a group with a diverse range of market service activities linked by a common commitment to provide the infrastructure Australia needs to create a globally competitive capital market and a vibrant, robust economy. ASX Group was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006 and is today one of the world’s top-10 listed exchange groups measured by market capitalisation. ASX is a multi-asset class, vertically-integrated exchange group whose activities span primary and secondary market services, including the raising, allocation and hedging of capital flows, trading and price discovery (Australian Securities Exchange); central counterparty risk transfer (via subsidiaries of ASX Clearing Corporation); and securities settlement for both the equities and fixed income markets (via subsidiaries of ASX Settlement Corporation). ASX functions as a market operator, clearing house and payments system facilitator. It also oversees compliance with its operating rules, promotes standards of corporate governance among Australia’s listed companies and helps to educate retail investors. The domestic and international customer base of ASX is diverse. It includes issuers (such as corporations and trusts) of a variety of listed securities and financial products; investment and trading banks; fund managers; hedge funds; commodity trading advisers; brokers and proprietary traders; market data vendors; and retail investors. In addition to its role as a market operator, ASX relies on a range of subsidiary brands to monitor and enforce compliance with its operating rules. These subsidiaries are: Australian Securities Exchange - handles ASX’s primary, secondary and derivative market services. It encompasses ASX (formerly Australian Stock Exchange) and ASX 24 (formerly Sydney Futures Exchange) ASX Clearing Corporation - is the brand under which ASX’s clearing services are promoted. It encompasses ASX Clear (formerly the Australian Clearing House) and ASX Clear (Futures) (formerly SFE Clearing Corporation) ASX Settlement Corporation - is the brand under which ASX Group’s settlement services are promoted. It encompasses ASX Settlement (formerly ASX Settlement and Transfer Corporation) and Austraclear ASX Compliance - is the brand under which services are provided to the ASX Group for the ongoing monitoring and enforcement of compliance with the ASX operating rules. This entity replaces ASX Markets Supervision The oversight work performed by ASX's subsidiaries ensures that it provides fair and reliable systems, processes and services that instill confidence in the markets that depend on its infrastructure. Confidence in the operations of ASX is reinforced by the market supervision and regulatory role undertaken by the Australian Securities and Investments Commission (ASIC) across all trading venues and clearing and settlement facilities, as well as through the Reserve Bank of Australia's oversight of financial system stability. ASIC also supervises ASX’s own compliance as a listed public company.

Website
Executives & Employees

Chief Executive Officer, Executive Director & MD

Deputy Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Group General Counsel & Company Secretary & Group Executive Corporate Affairs

Executive General Manager, Trading Services

Executive General Manager, Issuer Services & Investment Products

Chief Compliance Officer

Chief Risk Officer

Group Executive-Human Resources

Board of Directors

Chairman at ASX Ltd.

Former Executive Vice President at Bankers Trust Australia Group

Chief Executive Officer, Executive Director & MD at ASX Ltd.

Governor at Committee for Economic Development of Australia

Member-Review Panel at The Banking & Finance Oath Ltd.

Co-Founder at Australian Business & Community Network

Former Associate Director at HSBC Bank Plc

Former Chief Executive Officer at The Australian Industry Group

Former Head of Sales & Marketing, Asia Pacific at JPMorgan Chase & Co.

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Owners & Shareholders
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UniSuper is an active, long-term manager which aims to achieve returns that exceed industry benchmarks and averages. They offer a range of retirement fund products tailored to their clients' financial situation, career stage, risk profile and savings goals.The firm believes that corporate governance enhances the risk/return performance of their investments and actively promote best practice investments with Australian and international firms in which they invest.

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SIMAL is an active, team-based manager which performs in-house, proprietary research to develop their global investment approach. They believe that their in-house global research translates into superior investment performance through disciplined portfolio construction.The firm focuses on internal analysis of markets and companies to identify optimal investment opportunities. Their areas of expertise include Australian equities, fixed-income, multi-asset, QEP global equities and international equities.

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The firm's business strategy in Australia is to be a key provider of institutional and platform asset management services.Legg Mason Australia manages Australian equity, international equity and fixed-income. The firm bases asset allocation and their broadly diversified investment processes on in-house research. The firm actively manages risk.

Recent Transactions
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ASX Ltd. purchases Yieldbroker Pty Ltd.

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ASX Ltd. raised money in a private placement transaction

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ASX Ltd. purchases d-cyphatrade Ltd. from Transpower New Zealand Ltd. resulting in a new company ASX Energy

Transaction Advisors
Investment Advisor

Advised onASX Ltd. purchases Sydney Future Exchange Corp. Ltd.

Legal Advisor

Advised onASX Ltd. purchases Sydney Future Exchange Corp. Ltd.

Legal Advisor

Advised onASX Ltd. purchases Yieldbroker Pty Ltd.

Clients

FactSet Research Systems, Inc. provides integrated financial information and analytical applications for the global investment community. The company operates its business through the following segments: Research Solutions, Portfolio Management & Trading Solutions, Analytics Solutions, Wealth Solutions, and Content & Technology Solutions. The Research Solutions segment offerings comprise core applications, including universal screening, company & security analytics, industry & markets, filings, ownership, research, news, and research management solutions. The Portfolio Management & Trading Solutions segment focuses on workflows, such as multi-asset execution management system platform, and compliance as well as order management functionality. The Analytics Solutions segment addresses workflows around risk, performance and reporting. This segment includes portfolio analysis, an interactive tool that helps users make decisions with a flexible, multi-tile interface of reports and charts. It also offers client-requested functionality, such as fixed income optimization and the duration times spread attribution model. The Wealth Solutions segment offers investment portfolio management, advisory services, financial planning and other financial services. The Content & Technology Solutions segment delivers content and analytics through FactSet platform, cloud-based application program interfaces and white label solutions. FactSet Research Systems was founded by Howard E. Wille and Charles J. Snyder in September 1978 and is headquartered in Norwalk, CT.

IRESS Ltd. engages in the provision of trading tools, share market and wealth management systems to professional financial market participants. The company was founded by Neil Detering, Hung Do, and Peter Dunai in June 1993 and is headquartered in Melbourne, Australia.

Key Stats and Financials As of 2017
Market Capitalization
$11B
Total Enterprise Value
$9.37B
Earnings Per Share
$2.24
Revenue
$932M
Net Profit
$434M
EBITDA
$748M
Total Debt
$8.08B
Total Equity
$3.91B
EBITDAMargin
80.2%
Enterprise Value Sales
10.05x
TEVNet Income
21.58x
Debt TEV
0.86x
Enterprise Value EBITDAOperating
12.53x
Three Year Compounded Annual Growth Rate Of Revenue
4.85%
Five Year Compounded Annual Growth Rate Of Revenue
3.52%
Investments
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Digital Asset Holdings LLC develops and builds ledger technology solutions. It offers technology for various use cases in the areas of corporate syndicated loan, the U.S. treasury repo, private stock, foreign exchange, payment, public stock, derivative, transaction reporting, factoring, bond, and digital currency aspects. The company was founded by Sunil Gordhan Hirani and Donald Ray Wilson, Jr. in 2014 and is headquartered in New York, NY.

Suppliers
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Nasdaq, Inc. is a holding company, which engages in trading, clearing, exchange technology, regulatory, securities listing and public company services. It operates through the following segments: Market Services, Corporate Services, Information Services and Market Technology. The Market Services segment includes its equity derivative trading and clearing, cash equity trading, FICC, and trade management services businesses. The Corporate Services segment includes its corporate solutions and listing services businesses. The Information Services segment includes its data products and index licensing and services businesses. The Market Technology segment is a global technology solutions provider and partner to exchanges, clearing organizations, central securities depositories, regulators, banks, brokers and corporate businesses. The company was founded by Gordon S. Macklin in 1971 and is headquartered in New York, NY.

Servcorp Ltd. Real Estate | Sydney, NS

Servcorp Ltd. provides executive serviced and virtual offices and information technology, communication and secretarial Services around the globe. Its serviced offices are fully-managed, fully-furnished office suites in prime locations, with a receptionist, meeting rooms, information technology infrastructure and administrative support services. The company's virtual offices provide the services, facilities and IT to run business without the cost of a physical office and also offer prestigious corporate address, phone answering and mail handling services. Servcorp was founded by Alfred George Moufarrige in 1978 and is headquartered in Sydney, Australia.

Cinnober Financial Technology AB IT Consulting & Services | New York, NY

Cinnober Financial Technology AB engages in the development and sale of computer software; and provision of services for trade reporting and associated activities. It offers solutions for price formulation, order matching, index calculations, distribution of market data, clearing, risk management, and market surveillance. The company was founded on December 12, 1998 and is headquartered in Stockholm, Sweden.