ASX Ltd
Gold surge helps ASX to a weekly rise
Gold rally fuels ASX weekly gain as miners surge; Catalyst Metals +19%, Genesis Minerals +16%, Newmont +5%, Fortescue slips on China move.
ASIC takes legal action against ASX over misleading CHESS replacement claims
The Australian Securities and Investments Commission (ASIC) has commenced legal action in the Federal Court against ASX Limited (ASX: ASX), accusing it of making misleading statements in an announcement on 10 February 2022. The national corporate regulator alleges ASX’s statements that its Clearing House Electronic Subregister System (CHESS) replacement project remained “on track for go-live” […]
ASX anticipates surge of IPOs later in 2024
Australia’s pipeline of initial public offerings (IPOs) is expected to ramp up in the new year thanks to a cyclical market on the rebound. Anticipated listings for the second half of 2024 include companies in the industrials, mining and consumer discretionary sectors such as cars, household appliances, specialty items, luxury goods and leisure. According to […]
ASX fined more than $1m by ASIC for pre-trade transparency failures
Australian share market operator ASX Limited (ASX: ASX) has been fined $1,050,000 following an investigation by the Australian Securities & Investments Commission (ASIC) that found it had been “careless” in failing to meet compliance on market integrity rules on thousands of occasions. In issuing its notice, ASIC said the matter was “serious” and it had […]