The ASX, or Australian Securities Exchange, is the primary stock exchange in Australia. It facilitates the buying and selling of shares, bonds, and other financial instruments. The ASX plays a crucial role in the Australian economy by providing a platform for companies to raise capital and for investors to trade securities. Founded in 1987, the ASX is one of the largest stock exchanges in the world. It operates under strict regulations to ensure fair trading practices and transparency. Investors can access a wide range of investment options, including shares from various sectors, exchange-traded funds (ETFs), and derivatives.