Ó aussiestocks.com.au 2006/2007
Welcome.....
We are the Free Authority site on anything to do with the ASX (Australian Stock Exchange) and shares traded on the Exchange.
Set up in 2007 there is much on the cards in the future. Our aim is to become the most comprehensive Australian Stock Market Directory on the net.
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Trading on the ASX is all electronic not like in days gone buy where it was all manual and left up to humans. The system responsible for this is called SEATS.
There are four major index's which are reguarily quoted and these include the All Ordinaries, The ASX 200(list of the top 200 stocks),the ASX 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 ASX 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 travelling. The Australian Stock Exchange is a public company and is listed on it's own Exchange.
There are many rules regarding listing on the Australian Stock Exchange but this can be a great way for companies to expand and get new funds into their accounts.
The ASX is the main stock exchange in Australia.Other exchanges exist but they simply mirror the Australian Exchange. The Stock Exchange started off as individual exchanges in different states which were established as far back as 1871. The ASX is the abbreviation for Australian Stock Exchange.