ASX’s post-trade blockchain project faces another delay
Update from exchange operator on software releases and timelines suggest intended go-live in April 2023 may now be pushed back.
Update from exchange operator on software releases and timelines suggest intended go-live in April 2023 may now be pushed back.
ASIC looks to mitigate risks of future ASX tech upgrades by imposing additional licence conditions on three licences held by the equities exchange.
Exchange says 20 firms already exploring Synfini which uses the same technology as ASX’s flagship CHESS replacement but is offered as a cloud service.
Reserve Bank of Australia points out that ASX had only “partly observed” operational risk standards across its clearing and settlement platforms, in a review of the exchange.
Departing deputy CEO leaves ASX to pursue interests in FinTech and blockchain technology.
New apps designed to give market participants in APAC real-time access to ASX and HKEX’s new DLT-based settlement platforms.
A recent consultation by the ASX on the CHESS replacement timetable, showed around 91% of CHESS users said they will be able to meet the revised go-live date.
The announcement comes as the exchange faced pressure by users to push back the plan, which is now set for April 2022.
The Coronavirus pandemic has forced the ASX to delay the planned April 2021 implementation of its blockchain-based equities post-trade platform.
The membership gives the bank the opportunity to work closer with CSD and CCP members on a number of key industry topics.