Financial Market of Australia - Overview, Sectors, Institutions, Bonds, Equity Market, Industry Analysis
VerifiedAI Summary
The financial markets of Australia are one of the most advanced developed markets in the world. It has developed market in the equity, foreign currency and debt market. The Foreign currency exchange market is one of the biggest and actively traded market in Australia. The Australian financial markets is comprised over four broad markets which are the equity markets, debt markets, derivatives market and foreign currency exchange market. The equity markets are also developed comprising all the major company of Australia. The debt markets of Australia are not so much active and primarily comprise of trading of corporate and government bonds. The financial markets of Australia comprise of various financial institution which are contributing in the development of the economy. An economy can be stable only if the financial institution in the economy are stable and having transparency in its activities. The various financial institution are, Banks, Deposit taking authorities, Managed funds, and Securitization vehicle or special purpose vehicle. The Australian stock exchange has a market capitalization of about 1.9 trillion Australian dollars. ASX has an average daily turnover of 4.685 billion Australian dollars.
![[object Object]](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2Flogo.6d15ce61.png&w=640&q=75){kind=small}
![[object Object]](/_next/static/media/star-bottom.7253800d.svg)
