Although, new figures predict that the increased demand for electric and hybrid-electric vehicles and increasing energy storage systems will popularise lithium usage and push demand to $2.5 million per metric ton by 2023. In 2023, this figure is expected to hit $1 million per metric ton, a 1.25% increase if the demand trend continues. Bank…
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Whiteley has led the ASX’s CHESS Replacement Solution Design work since November 2022 after the company decided to reassess its CHESS replacement project. Lofthouse noted that Whiteley’s appointment further provides continuity of technology leadership for CHESS replacement. He will continue to lead the CHESS replacement until he has selected a new leadership team for the…
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Prior to joining ASX, Moran served as a corporate and transactional lawyer at Herbert Smith Freehills. While there, he worked out of Sydney and London and he acted on acquisitions and disposals, capital raisings and restructures, as well as advising on a range of corporate legal, regulatory and governance issues. His new appointment is going…
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Andrew is an accomplished CFO and executive leader with more than 30 years' experience in various group finance and audit roles in Australia and Asia. He is an excellent addition to our team, said Helen Lofthouse, ASX's Managing Director and CEO. His ability to think strategically and commercially, his partnership approach, and extensive expertise in…
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Total dividend (interim and final) reached 236.4 cents per share in FY22 and 90% payout ratio was maintained. Helen Lofthouse, ASX Managing Director and CEO, said: ASX continues to benefit from its diversified business model. We saw decade-high levels of listings activity, particularly in the first half, with 217 new listings in the period –…
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Dominic Stevens, ASX’s Managing Director and CEO, commented: We thank Gill for her service. She leaves ASX with a strong Finance and Facilities team in place, which is well positioned to continue to deliver for our stakeholders. She will continue to guide ASX through the next two months of our year-end activities until her departure.…
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ASX Chairman, Damian Roche said: Dave’s experience leading digital transformations to deliver customer-focused solutions, knowledge of new and emerging technologies, and desire to see Australia realise its potential as a world-class technology centre bring both practical and strategic perspectives to ASX. These attributes, along with his ability to combine technology, business and customer views, give…
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Stevens continued: It has been my great privilege to work with an exceptionally skilled team whose enthusiasm and hard work have helped position ASX as a global exchange leader. I wish to thank all our people for their professionalism and dedication, particularly during the pandemic. My plan is to retire from executive roles after leaving…
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Equity Options Single stock options average daily contracts traded fell by 5% and index options average daily contracts traded were down 40%YoY. Exchange-Traded Markets Participant margin balances held on balance sheet at month-end amounted to $13.5 billion, compared to $11.1 billion the previous year. Settlement The value of securities held in CHESS dropped 1%YoY. The…
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Global commodities specialist Marex Spectron announced the appointment of Phillip Price as head of ferrous metals trading. At his new position, Price will report to Simon van Den Born, President of the Group. Price joined the firm in September 2020 and has been instrumental in the development of the global steel derivatives market over the past…
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