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Australian Securities Exchange (ASX)

A complex payoff

The Royal Bank of Scotland has created a complicated retail structured product based on volatility for the Australian market and teamed up with National Australia Bank to help with distribution. Capital for the seven-year product is protected at maturity…

Asic takes over regulation of exchange trading

The Australian government has ended self-regulation of the Australian Securities Exchange (ASX), making the Australian Securities and Investments Commission (Asic) responsible for supervising trading on Australian stock markets from the third quarter of…

ASX to launch electricity futures

The Australian Stock Exchange (ASX) plans to begin trading electricity futures contracts by the end of the year, according to an official at the exchange.

Derivatives of increasing importance to ASX

The Australian Stock Exchange (ASX) has seen a 5% drop in net profit for the year to June 30, but revenues from derivatives trading, clearing and settlement rose 15% to $32.5 million, with 46,226 options contracts traded – 20% higher than the 38,519…

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