The ASE was established in March 1999 as a non-profit, private institution with administrative and financial autonomy.

A chief executive officer oversees day-to-day responsibilities and reports to the board.

[1][2] The ASE is committed to the principles of fairness, transparency, efficiency, and liquidity.

To comply with international standards and best practices, the ASE works closely with the Jordan Securities Commission JSC on surveillance matters and maintains strong relationships with other exchanges, associations, and international organizations.

[5][6] The ASE is charged with providing enterprises with a means of raising capital by listing on the Exchange, encouraging an active market in listed securities based on the effective determination of prices and fair and transparent trading, providing modern and effective facilities and equipment for trading the recording of trades and publication of prices, monitoring and regulating market trading, coordination with the JSC as necessary, to ensure compliance with the law, a fair market and investor protection, setting out and enforcing a professional code of ethics among its member directors and staff, and ensuring the provision of timely and accurate information of issuers to the market and disseminating market information to the public.