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ASX and Orient Capital launch JV

ASX and Orient Capital launch JV

(28 March 2010 – Australia) The Australian Securities Exchange (ASX) and Orient Capital have launched an investor relations initiative called ASX IR Intelligence. Designed specifically for ASX-listed companies, ASX IR Intelligence is a suite of investor relations tools delivered through miraqle, Orient Capital’s online investor relations platform.

The tools are designed to assist companies identify and communicate with investors, potential investors and the wider investment community. The first tool available through ASX IR Intelligence is miraqle shares.

Available at no cost to ASX-listed companies, miraqle shares replaces ASX’s Securities Activity Report (SAR) with an online, on-demand equity market intelligence product. Drawing data directly from the ASX, miraqle shares gives companies the ability to view, analyse, compare and download market data on the trading activity of individual stocks, sectors and indices.

Richard Murphy, ASX General Manager, Equity Markets said that investor relations plays a vital role in building the profile of a company and fostering relationships with new and existing investors.

"The right level of interaction and communication between listed companies and investors helps minimise the cost of capital. It also provides the framework for a fully informed and efficient market, thereby enhancing liquidity, access to capital and price discovery," Mr Murphy added.
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