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)