- Listed on 14 October 1998, becoming the world’s first stock exchange to demutualise and list on itself
- 71st largest company, valued at $3.35bn (as at 24 March 2006)
- FY05 normal net profit after tax – $108.5m, up 31% - on FY05 operating revenue of $279.7m, up 16%
- Dividend payout ratio of 90% (of NPAT)
- Revenue sources and product range:
- 42% from equities (including trading, and clearing and settlement)
- 26% from listings
- 16% from derivatives (equity options and warrants, index futures, commodity futures and options)
- 11% from market data and
- 5% from other revenue
- 479 staff (as at February-end 2006)
Market
- Formed from amalgamation of six state-based exchanges in April 1987
- Ranked 8th largest market in the world on the Morgan Stanley Capital International global free float index, with 2.37% of the world’s market share
- Domestic market capitalisation of $1.11 trillion (as at December-end 2005), up 12% on 2004
- Total entities listed 1,891 (as at 24 March 2006)
- 232 new entities listed in CY05, up from 202 in CY04
- 155 new listings for FY06 and 26 new listings for CY06 (as at 24 March 2006)
- Entities raised $46.2bn in capital (via IPOs and subsequent raisings) in CY05, up 34% on CY04
- Turnover figures:
- 25.03 million equity trades in CY05, average of 99,339 per day
- Value of turnover in CY05 of $885.5bn, average of $3.5bn per day
- 23.2m options traded in CY05, up 14% on CY04
- S&P/ASX200 passed 5,000 points on 21 March 2006
- Ownership of the Australian equity market by investors:
- 26% retail investors
- 39% domestic institutions
- 35% international institutions
SFE provides exchange-traded and over-the-counter financial services for investors globally. Fully electronic and with 24-hour trading capability, SFE offers trading products for investment and risk management, disseminates real-time and historical market data, and provides centralised clearing, settlement and depository services for both derivative and cash products.
- Listed on ASX on 16 April 2002 after having demutualised in August 2000
- 108th largest company, valued at $1.91bn (as at 24 March 2006)
- The holding company holds 100% of the shares in all its clearing and trading companies:
- SFE Clearing Corporation Pty Ltd
- Austraclear
- Sydney Futures Exchange Limited (trading and market data)
- Also owns NZ Futures and Options Exchange
- CY05 normal net profit after tax – $69.2m, up 27% - on CY05 revenue (excluding interest) of $134.9m, up 15%
- Dividend payout ratio of 85% (of NPAT) in FY05
- 172 staff (as at December-end 2005)
Market
- Began as the Sydney Greasy Wool Futures Exchange in May 1960
- First futures exchange to extend its normal floor trading with a screen-dealing system, SYCOM, in 1989
- Exchange-traded derivatives covering five major markets:
- Equities
- Interest rates
- Currencies
- Commodities
- Energy
- Proposing to list exchange-traded Contracts for Differences (CFDs)
- Turnover figures:
- 64.3m futures and options contracts traded in CY05 at an average of 250,000 per day
- Annual nominal value exceeding $24 trillion, at an average of $96bn per day - market turnover value second only to foreign exchange market within Australia
- Four main futures contracts generate 95% of all futures volume:
- 42% 3-year bonds
- 26% 90-day bank bills
- 18% 10-year bonds
- 9% SPI200
