ASX Limited (ASX), the operator of Australia's main sharemarket, reported a 2.7% rise in FY13 (July 2012 - June 2013) profit to $348.2m

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ASX Limited (ASX), the operator of Australia's main sharemarket, reported a 2.7% rise in FY13 (July 2012 - June 2013) profit to $348.2m. The result was in line with its own guidance provided in June & was driven by higher trading volumes & activity this calendar year. Its derivatives business (ASX's biggest) posted an 11.7% improvement in 2H13 revenue thanks to lower rates. 'Derivatives & OTC markets' accounted for 32% of revenue, while its 'listing & issuer services' unit made up 23% of income. A $553m capital raising completed over June & July makes the ASX one of the best capitalised exchanges in the world. ASX shares slipped today; but are 14% higher since Jan. For more info visit: (VIEW LINK)

CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...
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CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...
Expertise
No areas of expertise