The Australian Stock Exchange has evolved into one of the world's largest asset markets by utilising modern technologies and legislation to expand its client base. To see how this happened, let's have a look at seven events that spurred the development of the Australian Stock Exchange into one of the world's largest asset markets.
The Australian Stock Exchange's Basic Structure Is Established in 1937:
The Australian Stock Exchange's basic structure was established in 1937 by the Australian Associated Stock Exchanges as part of the overall effort to formalise the trading activities of the local stock markets that were established in Australia’s state capitals. These formalisation activities developed the basic rules companies must follow today to list their stocks on the Australian Stock Exchange. They also developed the first rules that governed how Australian brokerages used telephones and telegraphs to conduct stock trades.
The Australian Stock Exchange's Basic Structure Is Established in 1937:
The Australian Stock Exchange's basic structure was established in 1937 by the Australian Associated Stock Exchanges as part of the overall effort to formalise the trading activities of the local stock markets that were established in Australia’s state capitals. These formalisation activities developed the basic rules companies must follow today to list their stocks on the Australian Stock Exchange. They also developed the first rules that governed how Australian brokerages used telephones and telegraphs to conduct stock trades.
