StockWA

StockWA is a stock exchange company operating in Western Australia. It was established in 1997 and is based in Perth, the state capital. The company provides a platform for buying and selling securities, including stocks, bonds, and other financial instruments. StockWA is owned and operated by the Australian Financial Markets Association (AFMA), a not-for-profit organization that promotes the development of financial markets in Australia.

StockWA operates in a physical trading room as well as a trading floor, where brokers and representatives from member firms trade on behalf of their clients. The exchange is open from 10am to 4pm, Monday to Friday, and offers a delayed opening until 10:15am. Trading hours may be extended on specific market days, such as days when there are major economic data releases.

Members of StockWA include various financial institutions, stockbrokers, and market makers. The exchange also caters to smaller market players, offering access to its facilities through membership arrangements with existing members. StockWA is a member of the Asian-Pacific Stock Exchange Association (APSEA) and the International Federation of Stock Exchanges (FIBV).

StockWA is primarily responsible for setting and enforcing the rules of trading on the exchange. The company also facilitates the listing process for new securities, ensuring compliance with relevant regulatory requirements. While not as large as some other stock exchanges, StockWA plays an important role in the Western Australian financial market, providing a platform for buying and selling securities and promoting liquidity and market efficiency.