The Australian Securities Exchange (ASX) is a multi-asset class, vertically integrated exchange group based in Australia. It operates the country's primary national stock exchange for equities and derivatives. ASX's functions span the entire transaction lifecycle, from providing a marketplace for companies to raise capital and for investors to trade securities, to offering central counterparty clearing (via ASX Clear) and settlement services (via ASX Settlement). With a history tracing back to the 19th century, ASX's mission is to be the world's most respected financial marketplace.