Australian Market Licence - Australian Government

Service summary

You will require this licence if you intend to operate one or more financial markets in Australia.

A financial market is a facility which involves:

  • Offers to acquire or dispose of financial products

        and

  • Buyers and sellers participating in the trade of assets such as equities, bonds, currencies and derivatives.

A facility will not constitute a financial market merely because it is a step in a process that results in the eventual making or acceptance of offers or invitations.

One Australian market licence may authorise the licensee to operate two or more financial markets. A person / company holding a market licence may also provide financial services incidental to the operation of the market.

Applicants intending to operate a financial market overseas may also be eligible for this licence.

Exemptions may apply, please consult the Contact Officer for more information.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this licence you must:

  • Satisfy the Agency that you have adequate operating rules and procedures to ensure that the market is fair, orderly and transparent;
  • Satisfy the Agency that you have adequate arrangements for operating the market according to the market's operating rules;
  • Satisfy the Agency that you have adequate clearing and settlement arrangements for transactions effected through the market;
  • State in your application whether any of the participants in the market will provide financial services for persons as retail clients and, if so, provide information in relation to the proposed compensation arrangements accompanied by a copy of the proposed compensation rules; and
  • Provide all requested documentation and information.

A person is only eligible to apply for an overseas market licence if they are authorised, in the country they intend to operate, for the same financial market that they propose to operate in Australia.

Please consult the Contact Officer for more information regarding eligibility requirements.

Duration

Please consult the Contact Officer for information on the duration of this licence.

Fees

 TypeDescription
ApplyApplication

Please consult the Contact Officer for information on fees to be submitted.

Forms

 Resources
Apply

Australian Market Licence - Please consult the Contact Officer for information on forms to be submitted.

Administering agency

Australian Securities and Investments Commission
Markets

Act(s) name

Corporations Act 2001 (Australian Government)

Regulation(s) name

Corporations Regulations 2001 (Australian Government)

Contact details

ACT Service Centre
Australian Securities and Investments Commission
Markets

Operating address:
Level 2
2 Allsop Street
Canberra
Australian Capital Territory 2600
Mailing address:
GPO BOX 9827
Canberra, Australian Capital Territory 2600

Phone:

02 62503800

Fax:

02 62503800

NSW Service Centre
Australian Securities and Investments Commission
Markets

Operating address:
Level 5
100 Market Street
Sydney
New South Wales 2000
Mailing address:
GPO BOX 9827
Sydney, New South Wales 2001

Phone:

02 99112000

Fax:

02 99112414

NT Service Centre
Australian Securities and Investments Commission
Markets

Operating address:
Level 7, TIO Centre
24 Mitchell Street
Darwin
Northern Territory 0800
Mailing address:
GPO BOX 9827
Darwin, Northern Territory 0801

Phone:

08 89430900

Fax:

08 89430910

QLD Service Centre
Australian Securities and Investments Commission
Markets

Operating address:
Level 20, Commonwealth Bank Building
240 Queen Street
Brisbane City
Queensland 4000
Mailing address:
GPO BOX 9827
Brisbane, Queensland 4001

Phone:

07 38674700

Fax:

07 38674725

SA Service Centre
Australian Securities and Investments Commission
Markets

Operating address:
Level 7
100 Pirie Street
Adelaide
South Australia 5000
Mailing address:
GPO BOX 9827
Adelaide, South Australia 5001

Phone:

08 82028400

Fax:

08 82028410

TAS Service Centre
Australian Securities and Investments Commission
Markets

Operating address:
Level 2, Telstra Centre
70 Collins Street
Hobart
Tasmania 7000
Mailing address:
GPO BOX 9827
Hobart, Tasmania 7001

Phone:

03 62356800

Fax:

03 62356811

VIC Service Centre
Australian Securities and Investments Commission
Markets

Operating address:
Level 7
120 Collins Street
Melbourne
Victoria 3000
Mailing address:
GPO BOX 9827
Melbourne, Victoria 3001

Phone:

03 92803200

Fax:

03 92803444

WA Service Centre
Australian Securities and Investments Commission
Markets

Operating address:
Level 3, 66 St Georges Terrace
Perth
Western Australia 6000
Mailing address:
GPO BOX 9827
Perth, Western Australia 6001

Phone:

08 92614000

Fax:

08 92614227

Supporting information

Disclaimer

The information contained on the Australian Business Licence and Information Service (ABLIS) web site, or via packages or other sources is intended for general guidance only.

To the full extent permitted by law, the Federal, State, Territory and Local Governments make no representations or warranties (expressed or implied) in relation to the information, including its accuracy, currency or completeness.

The business information provided does not constitute professional or legal advice, nor is the use of any third party resource an endorsement of the information contained, the associated organisation, product or service. It is recommended that you obtain appropriate professional and /or independent legal advice to ensure that the material provided here is relevant to your particular circumstances.

To the full extent permitted by law the Federal, State, Territory and Local Governments, their employees and agents do not accept any liability for any reason, including without limitation, liability in negligence, to any person for the general information which is provided herein, or in respect of anything, including the consequences of anything done, or not done, by any such person in whole or partial reliance upon the information.