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Product Issuers

In addition to the trading market for companies and other entities admitted to the ASX Official List, Australian and international issuers of investment and trading products can take advantage of ASX’s market service that facilitates the quotation, trading and clearing and settlement of a wide range of investment products. The service has been designed to accommodate the requirements of fund managers and investment banks enabling them to access the ASX market for Managed Funds, Exchange Traded Funds (ETFs), Structured Products and other innovative product structures.

What products can be quoted?

There are five broad categories of product that can be quoted on ASX:

Managed Funds
Exchange Traded Funds (ETFs)
Exchange Traded Commodities (ETCs)
Structured Products
Warrants

Why become a product issuer?

Quoting an investment product on ASX offers significant benefits to product issuers and provides very clear and tangible benefits to both institutional and retail investors.

What are the steps involved?

The quoting process for product issuers happens in 2 stages:

Approval of the Issuer
The entity nominated as the issuer of the product must apply to ASX to be an Approved Issuer.
Approval of the Product
Under the Corporations Act an issuer (or the sponsor) is required to complete a Product Disclosure Statement (PDS) in respect of products issued in Australia.

Who can quote products?

The range of issuers eligible to quote products under the Rules depends on the type of product in question.

More information on who can quote products can be found in the Rules.

How long does it take?

A key advantage of the Rules framework is the short turnaround between submission and quotation.

Depending on the complexity of the product and the familiarity ASX has with the product issuer, initial quotations are expected to take between three weeks and three months, with future similar products being quoted within one week.