Tag: ASX

October 20, 2023 BY Elizabeth Anderson

Lithium stocks fall due to supply surplus

Although, new figures predict that the increased demand for electric and hybrid-electric vehicles and increasing energy storage systems will popularise lithium usage and push demand to $2.5 million per metric ton by 2023. In 2023, this figure is expected to hit $1 million per metric ton, a 1.25% increase if the demand trend continues. Bank…

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May 23, 2023 BY Steffy Bogdanova

ASX names Tim Whiteley chief information officer

Whiteley has led the ASX’s CHESS Replacement Solution Design work since November 2022 after the company decided to reassess its CHESS replacement project. Lofthouse noted that Whiteley’s appointment further provides continuity of technology leadership for CHESS replacement. He will continue to lead the CHESS replacement until he has selected a new leadership team for the…

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Daniel Moran confirmed as Chief Compliance Officer of ASX
December 19, 2022 BY Steffy Bogdanova

ASX confirms Daniel Moran as Chief Compliance Officer

Prior to joining ASX, Moran served as a corporate and transactional lawyer at Herbert Smith Freehills. While there, he worked out of Sydney and London and he acted on acquisitions and disposals, capital raisings and restructures, as well as advising on a range of corporate legal, regulatory and governance issues. His new appointment is going…

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August 30, 2022 BY Alan Sayer

Andrew Tobin Appointed as Australian Securities Exchange CFO

Andrew is an accomplished CFO and executive leader with more than 30 years' experience in various group finance and audit roles in Australia and Asia. He is an excellent addition to our team, said Helen Lofthouse, ASX's Managing Director and CEO. His ability to think strategically and commercially, his partnership approach, and extensive expertise in…

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August 18, 2022 BY Steffy Bogdanova

ASX net profit reaches $508.5 million in FY22

Total dividend (interim and final) reached 236.4 cents per share in FY22 and 90% payout ratio was maintained. Helen Lofthouse, ASX Managing Director and CEO, said: ASX continues to benefit from its diversified business model. We saw decade-high levels of listings activity, particularly in the first half, with 217 new listings in the period –…

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July 11, 2022 BY Steffy Bogdanova

ASX CFO Gillian Larkins steps down

Dominic Stevens, ASX’s Managing Director and CEO, commented: We thank Gill for her service. She leaves ASX with a strong Finance and Facilities team in place, which is well positioned to continue to deliver for our stakeholders. She will continue to guide ASX through the next two months of our year-end activities until her departure.…

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ASX hires David Curran
March 21, 2022 BY Steffy Bogdanova

ASX appoints David Curran to its Board of Directors

ASX Chairman, Damian Roche said: Dave’s experience leading digital transformations to deliver customer-focused solutions, knowledge of new and emerging technologies, and desire to see Australia realise its potential as a world-class technology centre bring both practical and strategic perspectives to ASX. These attributes, along with his ability to combine technology, business and customer views, give…

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ASX Dominic Stevens
February 10, 2022 BY Steffy Bogdanova

ASX CEO Dominic Stevens to retire this year

Stevens continued: It has been my great privilege to work with an exceptionally skilled team whose enthusiasm and hard work have helped position ASX as a global exchange leader. I wish to thank all our people for their professionalism and dedication, particularly during the pandemic. My plan is to retire from executive roles after leaving…

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ASX
December 04, 2020 BY Steffy Bogdanova

ASX registered 10.5% MoM rise in total capital raised for November

Equity Options Single stock options average daily contracts traded fell by 5% and index options average daily contracts traded were down 40%YoY. Exchange-Traded Markets Participant margin balances held on balance sheet at month-end amounted to $13.5 billion, compared to $11.1 billion the previous year. Settlement The value of securities held in CHESS dropped 1%YoY. The…

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Forex Weekly Look Back
October 09, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: FCA bans retail sale of crypto derivatives, CME Group launches TreasuryWatch Tool

Global commodities specialist Marex Spectron announced the appointment of Phillip Price as head of ferrous metals trading. At his new position, Price will report to Simon van Den Born, President of the Group. Price joined the firm in September 2020 and has been instrumental in the development of the global steel derivatives market over the past…

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