Licensed domestic financial markets operating in Australia
Listed below are the domestic financial markets that have been licensed to operate in Australia in accordance with Chapter 7 of the Corporations Act.
A risk-based, two-tiered market licensing regime was introduced in May 2018. An operator of a tier 1 market is generally subject to all of the regulatory obligations as a market licensee, whereas an operator of a tier 2 market is subject to a tailored subset of these obligations.
For more information about the licensing regime and regulatory obligations for operators of financial markets, please see Regulatory Guide 172 Financial markets: Domestic and overseas operators (RG 172).
See also:
- previous market licences that are no longer effective
- overseas financial markets that have been licensed to operate in Australia
- licenced market assessment reports
You can download a PDF version of the licence instrument for each facility listed.
We will add to this list when new licences are approved.
Tier 1 market operators
| Licensee | Description of market |
|---|---|
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ASX Limited (ASX) |
Market in securities, derivatives and managed investments. Wholesale and retail participation. National Guarantee Fund and approved compensation arrangements available. Date of commencement 11 March 2002. |
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Australian Securities Exchange Limited (Formerly known as the Sydney Futures Exchange Limited) |
Market in derivatives. Date of commencement 11 March 2002. |
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Six markets trading in the classes of financial products described in clause 4 of the licence. Date of commencement 15 November 2006. For more information, go to www.bloombergtradebook.com |
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Chi-X Australia Pty Ltd (Chi-X) |
Market in securities and managed investments. Date of commencement 4 May 2011. www.chi-x.com/apac/au/ |
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Market in commodity, energy and environmental derivatives. Date of commencement 4 April 2013. |
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Market in IMB Ltd ordinary shares restricted to members by guarantee of IMB Ltd. Date of commencement 8 July 2005. For more information, go to |
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Market in interest rate derivatives, foreign exchange derivatives, commodity derivatives, energy derivatives and environmental derivatives. Date of commencement 30 May 2005. For more information go to www.mercari.com.au |
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Market in securities, managed investments. Date of commencement 11 March 2002. |
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Sydney Stock Exchange Limited (SSX) (formerly Asia Pacific Stock Exchange Limited (APX)) |
Market in securities and managed investment products. Date of commencement 11 August 2004. For more information go to www.ssx.sydney |
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The markets known as the 'Dealer & client market' and the 'Interdealer market', trading the class of financial products described in clause 5 of the licence. Date of commencement 11 March 2004. For more information go to www.yieldbroker.com |
Tier 2 market operators
| Licensee | Description of market |
|---|---|
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Market in spot foreign exchange; derivatives that are commodity derivatives, foreign exchange derivatives and interest rate derivatives; loan deposits and money market products; and eligible repo agreement products. Professional Investor participation. Date of commencement 25 July 2019. For more information go to www.360t.com |
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BGC Partners (Australia) Pty Limited
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Market in the classes of financial products described in clause 5 of the licence. Date of commencement 27 September 2006. |
| Cboe FX Markets, LLC |
Market in spot foreign exchange contracts and commodity derivatives. Wholesale participation. Date of commencement 9 November 2021. For more information, go to https://fx.cboe.com/ |
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Market in spot foreign exchange, foreign exchange derivatives and metals derivatives Professional investor participation. Date of commencement 25 July 2019. For more information go to www.ebs.com |
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| FinClear Pty Limited
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Market in unlisted shares in a company and interests in a managed investment scheme that is structured as a unit trust. Wholesale and limited retail participation. Date of commencement 11 September 2024. For more information go to https://finclear.com.au/ |
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Operation of a market in bonds, credit derivatives, interest rate derivatives and foreign exchange derivatives. Professional investor participation Date of commencement 7 August 2019. For more information go to www.icap.com |
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A market in fixed income securities. Date of commencement 6 September 2017. For more information go to https://imperium.markets/ |
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Market in spot foreign exchange contracts and foreign exchange derivatives that are foreign exchange swaps or foreign exchange forwards Professional investor participation. Date of commencement 30 July 2019. www.integral.com |
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Market in bonds, certificates of deposit, debentures, derivatives that are credit, inflation-linked and interest rate derivatives, foreign exchange contracts and term deposits. Date of commencement 19 December 2019. For more information go to https://www.liquiditycube.com/. |
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Market in equity derivatives, interest rate derivatives and inflation-linked derivatives Professional investor participation. Date of commencement 16 December 2019. For more information go to www.otcxtrading.com |
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Operation of a market in term deposits, negotiable certificates of deposit, debentures, and government bonds. Wholesale participation. Date of commencement 11 February 2025. For more information go to https://laminarcapital.com.au/ |
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Market in foreign exchange contracts, foreign exchange derivatives and commodity derivatives. Wholesale participation. Date of commencement 28 October 2017. For more information go to https://financial.thomsonreuters.com |
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Market in spot foreign exchange contracts and foreign exchange derivatives that are foreign exchange swaps or foreign exchange forwards. Professional investor participation. Date of commencement 16 December 2019. For more information go to www.currenex.com, or |
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Market known as Fund Connect trading in managed investment schemes and securities in unlisted foreign companies. Professional investor participation. Date of commencement 24 February 2022. For more information, go to www.fundconnectportal.com |
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Operation of a market in bonds, credit derivatives, interest rate derivatives and foreign exchange derivatives. Professional investor participation. Date of commencement 7 August 2019. For more information go to www.tullettprebon.com |