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The 1 April 2012 marks the 25th anniversary of the creation of ASX, when Australia’s six state-based exchanges put aside decades of rivalry to form a single liquid, transparent and globally competitive national stock market.
Made possible by federal legislation, the momentous event paved the way for many other significant ASX milestones, including the adoption of electronic trading (1987), demutualisation and self-listing (1998), and the merger with the Sydney Futures Exchange (2006).
Today the Australian market operated by ASX is the fifth-largest equity free float market in the world with a history that stretches back more than 150 years to the Victorian gold fields.
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