ASX

I think the ASX is fundamentally Australian and it should stay here, Mr. Crook said.

Australia Independent Lawmakers Oppose ASX Sale

I think the ASX is too fundamentally important to our economy and to our sovereignty, Mr. Wilkie said.

Australia Independent Lawmakers Oppose ASX Sale

The Australian Treasury and the relevant ministers would have to approve the acquisition of more than a 15% stake in ASX by any entity, another person said.

ASX, Singapore Exchange in Partnership Talks

Mr. Bocker said his company's proposed deal to buy ASX is a "question of staying relevant in a very rapid [ly] changing market."

The Power List

In Australia, ASX is on the verge of losing its monopoly status as Chi-X Global Inc. is expected to gain clearance to form its own rival exchange possibly as early as the first quarter of 2011.

ASX, Singapore Exchange in Talks

The opening of Chi-X came after months of preparation from the exchange and brokers, and as part of a government move to promote competition in the country's financial markets, where the ASX has been the country's only stock exchange.

Chi-X Launches Trade in Australia

In the most recent financial year, the ASX was the subject of a takeover offer by Singapore Exchange Ltd., but the Australian government ended up blocking the bid, saying the deal offered little for the nation and raised the risk of the country losing control of its clearing and settlement systems.

Listing, Derivatives Activity Lift ASX Profit

The more pressing question is the statutory 15% cap on any single ownership stake in ASX, which is more likely to scuttle the SGX takeover attempt.

Australian Market Watch

Meanwhile, the main threat to the ASX is the light volume in equities trading.

Australia Regulator Ends ASX Monopoly

Earlier this year, Chi-X received a tentative go-ahead from the government to operate as part of a policy to promote competition in the country's financial markets, where the ASX has been the country's only stock exchange.

Australia Regulator Ends ASX Monopoly