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:
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:
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.
What are the costs involved?
The Rules framework provides a cost effective solution for product issuers.