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Home Business Markets

ASX to Centralise Listings Resources

The FINANCIAL by The FINANCIAL
December 12, 2011
in Markets
Reading Time: 1 min read
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The FINANCIAL — The ASX Group announces that it will be transferring the listings adviser functions of its Adelaide and Brisbane offices to Sydney from 31 March 2012 .

The bulk of ASX’s communications with its listed entities are electronic – telephone, email and internet – and
many listings functions are already centralised in Sydney, including the publication of company announcements and the coordination of listing applications and rule waivers.

 

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The original interstate offices were established before the creation of ASX in 1987 when Australia had separate
state-based exchanges. The five listings advisers affected have the opportunity to redeploy to the Sydney office. Additional advisers will be recruited in Sydney to fill any gaps arising from the transfer. ASX arrangements in Melbourne and Perth are not affected.

 

 

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