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Published in:
1996 | OriginalPaper | Chapter
Australia
Author : Erik Banks
Published in: Asia Pacific Derivative Markets
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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Australia’s financial markets are among the most developed in the Asia Pacific region. The equity, fixed income and foreign exchange markets have been in existence for many decades and feature significant primary and secondary activity. The presence of liquid and well-established cash markets has led to comprehensive development and use of domestic listed and OTC derivatives; as a result, Australia’s domestic derivative market is one of the most vibrant and advanced in the region.