The Australian Securities Exchange (ASX) is the primary stock exchange in Australia, located in Sydney. It facilitates the buying and selling of shares, bonds, and other financial instruments, providing a platform for companies to raise capital and for investors to trade securities. The ASX operates under strict regulations to ensure fair and transparent trading practices. Established in 1987, the ASX has grown to become one of the largest exchanges in the world. It plays a crucial role in the Australian economy by enabling companies to access funding and allowing investors to participate in the growth of various sectors, including finance, mining, and technology.