Talk:The Sydney Stock Exchange

Requested Revision

Based on the current details posted. The Asia Pacific Stock Exchange description requires updating as follows:— Preceding unsigned comment added by 203.219.78.1 (talk • contribs)

Collpasong proposed text for readability

Asia Pacific Stock Exchange (APX)stock exchange HQ in Sydney, Australia is a securities exchange in Australia, a wholly owned subsidiary of the AIMS Financial Group, with a market license granted by the Australian Securities & Investment Commission (ASIC) on the 5th November 2013. APX listed it's first few companies on the 6th March 2014. APX is an exchange that bridges companies and investors in search of Australian and Asian investment opportunities. The APX is a new listing and trading venue in the Australian Exchange. For Asian and in particular (Greater Chinese) companies APX offers an alternative listing and trading venue to the Shanghai and Shenzhen stock exchanges. APX philosophy is to provide opportunities for both established and growth oriented companies to raise the capital they need for expansion from a diversified range of domestic and international investors. Thus the aim of APX is to foster and nurture companies, in addition providing the right trading and operational environment and meet relevant milestones over time, culminating into success stories. APX's Listing and Business Rules Efficient financial markets are vital to the national and global economy. APX offers a unique and flexible set of listing rules whilst maintaining a very high level of accountability disclosure and rigour. The APX Business Rules and ASIC APX Market Integrity Rules have been designed to world class standard compliance in the Australian market. The business rules and obligations are aligned to those of existing market practices. APX Sponsor Asia Pacific Stock Exchange (APX), has a definitive interest to ensure that the reputation and integrity of its listed companies and its market are protected and beneficial to all stakeholders. With this insight the exchange understands that the majority of our Listees listing on an exchange for the first time it is important that they have an understanding of all the requirements and rules relevant to their exchange listing. As part of the listing rule criteria all APX listed companies are required to have a sponsor for the first 2 years of listing on the market. To accommodate this listing criterion, the APX has developed a support model "APX Sponsor" which refers APX Listees to APX qualified expert advisors to assist the Listee through the listing process. The Sponsor plays a vital role as they ensure each Listee has a clear understanding of compliance as it pertains to exchange rules, advice and guidance on business activities and validating price-sensitive documents related to listing. APX Participant APX recognizes the importance that market participants bring to the exchange. APX has developed a Participant Model based on strict criteria for becoming an APX Participant in order to safeguard the integrity of the market. The "Participant" or Broker is an essential step towards operating in the APX stock market. APX brokers are professionals who facilitate investor's access to buy, sell, and trade shares of listed companies for their clients. History The exchange began in 1997 as an exempt market operated by Austock. (An exempt market is one the Australian government exempts from the licensing otherwise required for a financial market.) The first listing was pharmaceutical manufacturer Sigma Pharmaceuticals. At the time it was a cooperative owned by pharmacists, and it wanted to raise capital, but an Australian Stock Exchange listing would have required the owners to give up control (under the ASX "one share, one vote" rule). Austock instead created a structure of separate investor and voting shares for them, and established an exempt market for those shares. The Austock exempt market through its life listed 22 companies and turned over about $500 million. It included initial listings for the SFE Corporation (owner of the Sydney Futures Exchange) and SPC Ardmona, before they moved to the Australian Stock Exchange. The exchange in its present form as a licensed stock exchange was established in August 2004 and commenced trading in January 2005. It retained the trading platform software used by the exempt market. In 2008 the visionary George Wang of AIMS Financial Group (AIMS) acquired the Australian Pacific Exchange Limited and rebranded (APX) as the Asia Pacific Stock Exchange. About AIMS Financial Group AIMS Financial Group (AIMS) was established in 1991 as a mortgage lender. Over the past twenty years, AIMS has expanded into a diversified non-bank financial services institution, offering mortgage lending, securitization, funds management, and investment banking services. AIMS is officially recognized by the China Industrial Overseas Development and Planning Association, one of the leading industry bodies regulated by the National Development and Reform Commission, as a highly qualified and trusted financial service provider to local businesses. External links Asia Pacific Exchange web site AIMS Financial Group web site Austock Group web site Category:Stock exchanges in Australia Category:Organizations established in 2004 Category:2004 establishments in Australia

Sorry, but there are two problems with this text. Not a single statement has a reference to a reliable source. However, the bigger problems is that the language is inheretnly promotional.

Phrases such as:

APX recognizes the importance that market participants bring to the exchange.

are not encyclopedic in tone, but the language of pr. I do appreciate your willingness to provide text, but the proposed text will not work.--S Philbrick(Talk) 14:53, 27 July 2014 (UTC)

Requested Update

Collapsing proposed text for readability

Asia Pacific Stock Exchange (APX), stock exchange HQ in Sydney, Australia is a securities exchange in Australia, a wholly owned subsidiary of the AIMS Financial Group. [1] Timeline 5th November 2013: Market license granted by the Australian Securities and Investments Commission (ASIC) 6th March 2014: APX listed its first two companies. Overview APX is a market operator, which bridges companies and investors in search of Australian and Asian investment opportunities. APX offer Australian companies a new listing and trading venue to other Australian stock exchanges. For Asian and in particular (Greater Chinese) companies APX offers an alternative listing and trading venue to other stock exchanges in the Asia Pacific region. APX philosophy is to provide opportunities for both established and growth oriented companies to raise the capital they need for expansion from a diversified range of domestic and international investors. Thus the aim of APX is to foster and nurture companies, in addition providing the right trading and operational environment and meet relevant milestones over time, culminating into success stories. APX's Listing and Business Rules Efficient financial markets are vital to the national and global economy. APX flexible set of listing rules whilst maintaining a very high level of accountability disclosure and rigour. The APX Business Rules and Australian Securities and Investments Commission ASIC APX Market Integrity Rules have been designed to world class standard compliance in the Australian market. The business rules and obligations are aligned to those of existing market practices. APX Sponsor Model Asia Pacific Stock Exchange (APX), has a definitive interest to ensure that the reputation and integrity of its listed companies and its market are protected and beneficial to all stakeholders. With this insight the exchange understands that the majority of APX Listees listing on an exchange for the first time it is important that they have an understanding of all the requirements and rules relevant to their exchange listing. As part of the listing rule criteria all APX listed companies are required to have a sponsor for the first 2 years of listing on the market. To accommodate this listing criterion, the APX has developed a support model "APX Sponsor" which refers APX Listees to APX qualified expert advisors to assist the Listee through the listing process. The Sponsor plays a vital role as they ensure each Listee has a clear understanding of compliance as it pertains to exchange rules, advice and guidance on business activities and validating price-sensitive documents related to listing. APX Participant APX has developed a Participant Model based on strict criteria for becoming an APX Participant in order to safeguard the integrity of the market. The "Participant" or Broker is an essential step towards operating in the APX stock market. APX brokers are professionals who facilitate investor's access to buy, sell, and trade shares of listed companies for their clients. Settlement In order to maximize the efficiency of trading on APX and because Australian investors are familiar with existing settlement and transfer processes, APX uses the services of ASX Settlement to settle trades executed on APX. ASX Settlement provides a 'delivery versus payment' settlement service and a secure asset holding service. The delivery versus payment (DVP) process allows simultaneous transfer of both securities and money usually three business days after the trade. More details on ASX Settlement can be found here (http://www.asx.com.au/services/settlement/asx-settlement.htm) History The exchange began in 1997 as an exempt market operated by Austock. (An exempt market is one the Australian government exempts from the licensing otherwise required for a financial market.) The first listing was pharmaceutical manufacturer Sigma Pharmaceuticals. At the time it was a cooperative owned by pharmacists, who wanted to raise capital, but an Australian Stock Exchange listing would have required the owners to give up control (under the ASX "one share, one vote" rule). Austock instead created a structure of separate investor and voting shares for them, and established an exempt market for those shares. The Austock exempt market through its life listed 22 companies and turned over about $500 million. It included initial listings for the SFE Corporation (owner of the Sydney Futures Exchange) and SPC Ardmona, before they moved to the Australian Stock Exchange. The exchange in its present form as a licensed stock exchange was established in August 2004 and commenced trading in January 2005. It retained the trading platform software used by the exempt market. In 2008 the visionary George Wang of AIMS Financial Group (AIMS) acquired the Australian Pacific Exchange Limited and rebranded (APX) as the Asia Pacific Stock Exchange.[7] About AIMS Financial Group AIMS Financial Group (AIMS) established in 1991 as a mortgage lender. Over the past twenty years, AIMS has expanded into a diversified non-bank financial services institution, offering mortgage lending, securitization, funds management, and investment banking services. AIMS is officially recognized by the China Industrial Overseas Development and Planning Association, one of the leading industry bodies regulated by the National Development and Reform Commission, as a highly qualified and trusted financial service provider to local businesses. References 11. ^ “About Us: About APX” APX 12. ^ “About Us: APX History” APX 13. ^”About Us: APX Strategy” 14. ^”Listing Rules” 15. ^”APX Sponsors” 16. ^”Settlement” 17. ^”Asia Pacific Stock Exchange set for re-launch” Australian Banking and Finance from 21 June 2011 18. ^”Successful Start To Trading On New Asia Pacific Stock Exchange” Mondovisione Worldwide Exchange Intelligence. 7th March 2014 19. ^”Asia Pacific Exchange list first companies” The Australian. 10 March 2014 20. ^”There’s Another Stock Exchange In Sydney And Two Stocks Are Actually Trading On it” Business Insider Australia. 6th March 2014 External links Asia Pacific Exchange web site AIMS Financial Group web site Austock Group web site [[Category: Stock exchanges in Australia]] [[Category: Organizations established in 2004]] [[Category: 2004 establishments in Australia]]

Sorry again, but the text above seems to be yet another unsigned draft version of the article, with similar problems to the previous, most notably, its:

• promotional tone
• lack of independent verifiability
• lack of a neutral point of view, and
• being unsigned.

I've collapsed it so we can do here what this page is intended for: talk about the article. I'm also adding the {{talk header|arpol=yes}} template to the page to gently inform and remind editors how to use this page. To avoid distractions from the numerous sections of the draft, I'm also demoting their headings to the third level. yoyo (talk) 14:56, 4 August 2018 (UTC)

Requested move

The following is a closed discussion of the proposal. Please do not modify it. Subsequent comments should be made in a new section on the talk page. No further edits should be made to this section.

The result of the proposal was moved. --RegentsPark (talk) 18:12, 5 May 2010 (UTC) |current1=Australia Pacific Exchange|new1=Asia Pacific Exchange}}

Australia Pacific Exchange → Asia Pacific Exchange — Exchange's name changed. Chatsphilly (talk) 15:10, 24 April 2010 (UTC)

• Comment Any evidence of that? Skinsmoke (talk) 15:12, 26 April 2010 (UTC)

The above discussion is preserved as an archive of the proposal. Please do not modify it. Subsequent comments should be made in a new section on this talk page. No further edits should be made to this section.

Proof of name change

http://www.apx.com.au/APX/EN/About_APX/ViewNews.aspx?id=22 Chatsphilly (talk) 14:34, 31 May 2010 (UTC)