Cards (3)

  • Overall
    The ASX is a market where shares (equity) are bought and sold
    The ASX functions as a market operator, clearing house and payments facilitator
    ASX has products and services that businesses can use for investment purposes including shares, real estate investment trusts, warrants, futures, etc
  • Role
    market for purchasing and exchange shares and other securities
  • Influence + markets
    Primary market → Raise new capital through the issue of shares and purchase shares in other companies (dividends)
    Secondary market→ Pre-owned securities are traded between investors → shares purchased in other companies can be traded, trading securities at the right time can generate revenue (greater dividends)