Asian and Australian Capital Markets  

Asia Pacific Stock Exchange (APX) is a securities exchange in Australia with a market licence granted by the Australian Securities & Investments Commission (ASIC). The APX exchange will benefit potential listees and market participants alike in Australia and the Asia Pacific region, due to APX’s strong links to Asia especially in China. APX offers Chinese market participants an alternative listing venue to the Shanghai and Shenzhen stock exchanges in China.

As a securities exchange, APX provides ‘listing’ facilities to companies and securities issuers as well as 'trading' facilities for stock brokers, traders and investors to buy and sell shares/securities. The securities that can be traded on APX include: shares issued by companies, units issued by trusts and other pooled investment products as well as fixed interest instruments, such as bonds.

Whilst APX was granted a stock exchange licence by ASIC in August 2004, the origins of the exchange date back some 8 years to the successful operation of the Exempt Markets (EM). During its life, the exempt markets generated over 5,000 trades and 163 million shares traded with a turnover value of approximately $500million. A number of companies including Sigma Company Limited, Sydney Futures Exchange Corporation Limited, Becton Development Limited and SPC Ardmona Limited were listed and traded on APX.

APX's new Listing Rules have been approved by ASIC and the Australia Federal Treasury on the 10 November 2011. APX is working on implementation of its new trading system. APX aims to be operating with new Listing Rules, new Business Rules and new trading system from end of June 2012.