All ASX employees, and their connected persons, with the exception of those groups listed in Clause 9, may deal in Securities only with prior clearance. These Dealing Rules clarify and set out the extent of these obligations.
1.What do these Rules do?
*Protect you against contravening Australia's laws on insider trading.
*Make you aware of the restrictions under the law.
*Establish a best practice procedure for dealing in Securities.
2.Who must comply with these Rules?
*All ASX employees, including fixed term and contractors and ASX Group directors (you).
*Your spouse, de facto partner or any children residing with you, and companies, trusts, self-managed and othersuper funds and entities which are controlled by you or these persons (collectively, your Connected Persons).
3.What dealings in Securities by ASX employees are covered under this policy?
*Any financial product quoted on an Australian financial market – includes any shares, debentures, managedinvestment schemes, warrants, AQUA products, futures, options or derivatives.
*Any financial product with a value derived from a Security quoted on an Australian financial market. This includesdual-listed shares and international shares quoted on an Australian financial market.
*Securities on the Restricted List.
Dear ASX Shareholder
On 17 August 2017, ASX Limited (ASX) announced its full-year results for the 12 months to 30 June 2017 (FY17). It was a solid performance, with revenue levels higher across most major areas of the business, and good progress made on our strategic initiatives.
Operating revenue grew by 2.4% to $764.1 million, an increase of $17.8 million, and profit after tax rose 1.9% to $434.1 million, an increase of $7.9 million.
The result was underpinned by growth in trading activity, due in part to global economic uncertainty and pockets of volatility. The daily average value traded on ASX's equity market rose 2.3% to $4.3 billion and the number of futures contracts traded increased 4.5% to over 556,300 per day. There were significantly more new listings in FY17, rising to 152 from 124 last year – the most in six years – including many foreign and technology companies. The total amount of capital raised, however, was lower, down 28.8% to $56.0 billion
ASX Annual General Meeting Results
The results of ASX Limited's Annual General Meeting held on 26 September 2017 are set out in the attached document.
All resolutions were passed and decided by way of a poll.
AGM ADDRESSES BY THE CHAIRMAN AND THE MANAGING DIRECTOR AND THE CEO
Attached is a copy of the addresses to be given by the Chairman and the Managing Director and CEO at ASX Limited's Annual General Meeting today.
The value of ASX-listed stocks, as measured by the All Ordinaries Index, remained flat in August 2017. This was in line with the US and in contrast to other major markets, including Hong Kong up 2.4%, the UK up 0.8%, Singapore down 1.6%, Japan down 1.4%, and Germany down 0.5%.
Volatility measures for the Australian equity market remained relatively low in August:
Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.4% in August, down on the previous month (0.6%).
Expected future volatility (as measured by the S&P/ASX 200 VIX) in August was an average of 13.5 (compared to 13.4 in July).
LISTINGS AND CAPITAL RAISINGS
In August 2017, total capital raised was $5.8 billion, down 7% on the previous corresponding period (pcp).