Australian Investment Exchange

What Australian Investment Exchange does

Australian Investment Exchange (AUSIEX) is an Australian wholesale broker and market infrastructure platform founded in 1994 and headquartered in Sydney. The company provides outsourced equities execution, clearing, settlement, and administration services to financial advisers, dealer groups, wealth platforms and financial institutions, underpinned by four Australian offices in Brisbane, Melbourne, Perth and Sydney and a team of approximately 250 employees. AUSIEX is wholly owned by Nomura Research Institute (NRI), a Tokyo-listed global technology provider acquired in 2021, and the company's trading platform is powered by NRI's market-leading capital markets technology infrastructure.

AUSIEX operates across the full Australian equities value chain: it is a Market Participant of ASX Limited and Cboe Australia, a Clearing Participant of ASX Clear, and a Settlement Participant of ASX Settlement. Product offerings span Australian shares, ETFs, Exchange Traded Options, warrants, and (via a 2023 Saxo Bank partnership) international trading in 19 markets across North America, Europe and Asia. The June 2025 acquisition of FIIG Holdings added direct bond investing to the product set. Supporting modules include AUSIEX Cash (an interest-earning integrated cash account launched 2025), client onboarding with straight-through processing, data feeds to 12+ Australian financial planning platforms, white-label branded trading solutions, a Trade Execution API, and a Portfolio Reporting Service. AUSIEX is the broker/CHESS sponsor to 4 of Australia's top 10 wealth platforms, services over 475,000 direct customers, 850+ dealer groups and 4,600+ advisers, and administers over $25 billion in funds.

Revenue is generated primarily through transactional brokerage fees (e.g., 0.121% on equities, 0.275% on ETOs), interest-rate spread on AUSIEX Cash balances, subscription fees for IRESSPro market data tools, account service and transfer fees, custody and administration fees, and upfront/volume incentives from IPO distribution. Pricing is structured per-transaction with tiered minimums, while platform and IRESSPro fees recur monthly. The go-to-market model is BDM-led wholesale distribution with dedicated Adviser Services and Enablement teams supporting platforms and dealer groups across all Australian states.

Name

Australian Investment Exchange

Legal name

Australian Investment Exchange Limited

Website

https://ausiex.com.au

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

101–250 employees

Short description

Australian Investment Exchange (AUSIEX) is an Australian wholesale broker providing outsourced equities execution, clearing, settlement and administration to financial advisers, dealer groups, wealth platforms and institutions, backed by Nomura Research Institute and operating across 19 global markets.

Ownership category

akta.pro rank

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Brokerage / Transaction Fees: Primary revenue source. Brokerage paid on transactions executed through the platform. For Equities and Warrants: minimum $27.50 or 0.121% (whichever is greater). For Exchange Traded Options: minimum $33 or 0.275% (whichever is greater). ASX-listed product brokerage typically ranges from 0.11% to 0.55%.
2. Interest / Margin on Cash Balances: AUSIEX earns margin on cash balances held in AUSIEX Cash accounts, being the difference between the interest rate paid to clients and the return earned by AUSIEX on those balances. Interest is calculated daily and credited monthly. Interest rates range from 3.20% to 4.20% p.a. depending on entity type and balance.
3. Account and Transaction Fees: Fees charged for specific services including staff-assisted transfers ($30), dishonour fees ($30), same-day RTGS payments ($30), paper statements ($8 per statement), ad hoc service requests ($60 per hour). International Markets fees include custodian transfer fees, DRS fees, and FX conversion fees.
4. Custody and Administration Fees: Fees for equities administration, tax reporting, corporate actions management, and portfolio administration services. IRESSPro subscription fee of $1,405/month (inclusive of GST) for market data and trading tools.
5. Upfront and Volume Fees from IPOs: AUSIEX may receive upfront fees, volume bonuses, other incentives, and ongoing fees from making available initial public offerings. Fees vary depending on the offering.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Australian Investment Exchange (AUSIEX) provides outsourced equities trade execution, clearing, settlement, and portfolio administration services for financial institutions, wealth platforms, dealer groups, and licensed advisers in Australia. Operating as a wholesale broker and ASX/Cboe market participant, it combines a multi-asset trading platform (Australian shares, ETFs, ETOs, warrants, international markets, and bonds) with back-office equities administration, client onboarding, data feeds to planning software, and white-label/API integration capabilities.

Product overview

AUSIEX is a wholesale broker and market infrastructure platform offering an integrated suite of equities trading and administration solutions. The core offering comprises Australian Shares Trading, ETFs, Exchange Traded Options, Warrants, and International Markets (via Saxo Bank partnership across 19 global markets), with Bond Trading added through the FIIG acquisition in June 2025. Supporting modules include AUSIEX Cash (interest-earning integrated account), Client Onboarding, Data & Reporting Services with data feeds to major financial planning platforms (BGL, Class Super, Praemium, Xplan), Back Office Services with proprietary tax engines, and Portfolio Reporting Service. White Label and Trade Execution API solutions enable institutions to integrate AUSIEX capabilities into their own platforms. The platform administers over $25 billion in funds under administration and services over 475,000 direct customers across Australia's top wealth platforms.

Differentiator

Problem solved

Functional benefit

Brands

• AUSIEX Cash: Fully integrated, interest-earning cash account built for advisers to simplify trading and investment management.
• International Markets
• AXIS

Products and services

• Australian Shares Trading Online share trading service for Australian equities listed on ASX and Cboe Australia, with straight-through processing, multi-stock order pads, and customisable branding for dealer groups.
• Exchange Traded Funds (ETF) Trading ETF execution service supporting portfolio diversification for advisers and intermediaries; AUSIEX has been the top agency broker in Australia for ETF orders for 10 consecutive years.
• Exchange Traded Options (ETO) Trading Exchange Traded Options offering supporting risk management and income generation, with consolidated client statements and dedicated daybook functionality.
• Warrants Trading Warrant trading providing leverage and diversification benefits through access to leading companies' shares, managed investments, and other underlying instruments.
• International Markets International share trading service providing access to 19 global markets across North America, Europe, and Asia, powered by Saxo Bank, supporting multiple currencies, multi-asset trading, and comprehensive reporting.
• Bond Trading (FIIG Direct Bonds) Fixed income trading service providing access to over-the-counter government and corporate bonds through FIIG Securities, a wholly owned subsidiary acquired in June 2025.
• AUSIEX Cash Fully integrated interest-earning cash account built for advisers, offering competitive interest rates, no setup or ongoing fees, and seamless settlement for Australian and international equity and options trades.
• Client Onboarding Straight-through online trading account origination with client verification, supporting both digital and Print, Sign & Upload application methods.
• Data & Reporting Services Data feeds and reporting services including equities data feeds to planning software (BGL, Class Super, Praemium, Xplan, etc.), client/practice management reports, EOFY tax reports, and adviser/dealer group day books.
• Back Office Services Equities administration services including corporate action notifications, tax parcel management tools, proprietary tax engine for CGT minimization, and custodial/non-custodial reporting.
• Portfolio Reporting Service All-in-one portfolio reporting service including portfolio setup, data feed integration, tax reports, capital gains optimization, and quality assurance checks.
• White Label Trading Solutions Branded share trading website delivered under a dealer group's own brand, with full support from AUSIEX's client service team, operations capability, and back office administration.
• Trade Execution API Web services enabling integration with existing technology platforms, allowing organizations to leverage AUSIEX trading capabilities while retaining control of client experience.

Quantifiable outcome

• Top agency broker in Australia for ETF orders for 10 consecutive years
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

Feature10 records

Partnerships

Three partnerships are on record, tiered core and minor.

• FIIG Holdings Limited (FIIG Securities)coreStrategic or Co-development Partner · 3 June 2025AUSIEX acquired 100% of FIIG Holdings Limited's issued shares, completing the process of making it a wholly owned subsidiary by June 2025. FIIG is Australia's largest fixed income specialist with over 6,000 clients and more than $6 billion under advice. FIIG pioneered the democratisation of Australia's bond market, allowing investors to purchase bonds in $10,000 parcels (previously only $500,000). Fixed income services are provided by FIIG Securities Limited (ABN 68 085 661 632, AFSL 224659).
• Saxo Australia (Saxo Capital Markets)coreTechnology or Integration · 27 September 2023AUSIEX partnered with Saxo Australia to deliver an integrated international trading solution for financial advisers. Saxo Bank A/S serves as the international custodian for the AUSIEX International Markets platform, providing access to 19 markets across North America, Europe, and Asia. The partnership enables advisers to access international securities through a seamless, integrated experience within the AUSIEX platform.
• LAB GroupminorImplementation/ SI/ Consulting Partner · 1 June 2021LAB Group partnered with AUSIEX to enhance the organisation's client onboarding experience through streamlined digital onboarding capabilities for financial advisers. LAB Group's digital onboarding platform was integrated to provide straight-through origination with quick customer verification.

Scale indicators13 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Bell Potter Securities: Australian private wealth manager and stockbroker serving retail and high-net-worth clients through a national adviser network; comparable to AUSIEX as a competing wholesale/adviser-facing broker with execution and equities research capabilities.
• Morgans Financial: Australia's largest independent full-service retail stockbroker with 240,000+ clients across 13 offices; competes directly with AUSIEX in adviser and retail brokerage, with overlapping equities execution and wealth services.
• Shaw and Partners: Australian wealth management firm offering advised broking and wealth advice through an adviser-led model; directly comparable to AUSIEX in serving the dealer group / adviser segment for equities execution.
• Ord Minnett: Privately owned Australian stockbroking and wealth management firm serving private clients, advisers and institutions; overlapping adviser-facing execution, research and portfolio administration offerings.
• JBWere: Australian private wealth manager owned by Goldman Sachs offering full-service advisory broking to high-net-worth clients; comparable to AUSIEX in the premium segment of advised equities execution and portfolio administration.
• Canaccord Genuity (Australia): Australian arm of global wealth manager with institutional and retail advisory operations; competes with AUSIEX for adviser-driven equities execution and wealth intermediation.

Broad incumbents

• Macquarie Group (Wealth Division): Australia's largest diversified financial institution with a major wealth management and broker division; broader portfolio but overlapping equities execution and adviser platform capabilities used by many of the same dealer groups AUSIEX serves.
• CommSec (Commonwealth Bank): Australia's largest retail online broker and former parent of the CommSec Adviser Services business that became AUSIEX; competes with AUSIEX across both retail and adviser channels and is a counterparty in 2021 ASIC proceedings.

Others

• IRESS: Technology and data provider whose market data and order management tools (including IRESS ViewPoint) AUSIEX subscribes to and distributes; adjacent technology vendor in the same adviser trading ecosystem rather than a competing broker.
• Saxo Bank: Danish investment bank that serves as international custodian and infrastructure provider for AUSIEX's International Markets platform enabling access to 19 global markets; partnership counterparty rather than direct broker competitor in Australia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ausiex

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Australian Investment Exchange