The Australian Stock Exchange was born on 1 April 1987, incorporated under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges. It merged with the Sydney Futures Exchange in 2006 to become The Australian Securities Exchange. From 2010, Australian Securities Exchange Limited became known as ASX Limited. A variety of asset classes and services are available. Amongst others, the exchange offers shares, debt securities, derivatives and commodities. The company provides trading, settlement, clearing and listing services. ASX Limited as a group entity maintains many whole owned subsidiaries, which have different roles within the group. ASX Limited and Australian Securities Exchange Limited are licensed to operate financial markets while ASX Clear, ASX Clear (Futures), Austraclear Limited and ASX Settlement Pty Limited are licensed to operate clearing and settlement facilities.