ASX is the eighth largest sharemarket in the world—based on free-float market capitalisation—and the second largest in the Asia-Pacific region.
Shares are traded electronically on the high-speed and high-capacity ASX Trade platform and are settled via the world-leading Clearing House Electronic Subregister System (CHESS).
The companies listed on ASX are divided into 13 sectors such as resources, banking and insurance, telecommunications, information technology, media, and transport companies.
ASX also provides investors with access to a large number of professionally managed investment products such as Exchange Traded Funds and Managed Funds. These products give investors a simple way to build a diversified investment portfolio across a wide range of asset classes and investment strategies.
In order to view the performance of the broader market or specific sectors, investors can follow indices such as the S&P/ASX 200 Index. Investors can also invest in investment products, such as Exchange Traded Funds, that track market indices if they wish to gain broad exposure to particular markets or sectors.