When was the Australian Associated stock exchanges established?

The Australian Associated Stock Exchanges (AASE) was founded in 1937, marking a significant milestone in the history of Australian finance. Prior to this establishment, state stock exchanges had been operating on an informal basis since 1903.

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However, in 1936, Sydney emerged as the leader in formalizing the association among the stock exchanges. This move aimed to streamline operations and enhance collaboration among the various exchanges.

Initially, the AASE encompassed exchanges located in Adelaide, Brisbane, Hobart, and Sydney. The inclusion of these exchanges underscored the importance of cooperation and standardization in the Australian stock market.

As the years progressed, the AASE continued to evolve and adapt to the changing landscape of the financial industry. Its role in fostering cooperation and facilitating trade among stock exchanges in Australia has been instrumental in shaping the modern financial landscape of the country.