Search Results | Showing 11 - 20 of 55 results for "CHESS Replacement" |
| | | ... has sold its shareholding in Digital Asset Holdings, the firm it partnered with in 2016 to build the doomed CHESS replacement. The sale price is approximately $57 million, with a pre-tax gain of about $42 million compared to ASX's current carrying value ... |
| | | | ... delayed several days' trade settlements. This outage was the final straw in several delays and issues with the CHESS replacement which has caused regulators to call for change. Now, the ASX has revealed several key findings from the review, which ... |
| | | | ... Committee on Corporations and Financial Services report, Competition in clearing and settlement and the ASX CHESS Replacement Project: The CHESS Replacement Project is too important to fail, which examined ASIC, the Takeovers Panel, and the corporations ... |
| | | | ... the outdated the system. It also follows ASIC's legal proceeding against the ASX in August regarding the CHESS replacement project, alleging the exchange made misleading or deceptive statements on the process in February 2022. "ASX's statements ... |
| | | | ... (ASIC) launched proceedings against the ASX in August for allegedly making misleading statements related to the CHESS replacement project. ASIC alleged statements made in ASX announcements on 10 February 2022 that the project remained "on-track for go-live" ... |
| | | | ... provided an update on its defence against the legal proceedings filed against it by ASIC over its handling of the CHESS replacement project. The ASX filed a Concise Statement in response to the proceedings brought by ASIC in the Federal Court on August ... |
| | | | ... re-elected at ASX's 2023 AGM, however has been under immense pressure in recent years particularly in relation to the CHESS replacement project. ASIC has initiated legal action against the stock exchange, alleging it made misleading statements related ... |
| | | | ... of $176.3 million was recognised in FY23 because of the derecognition and associated write down costs of the CHESS Replacement project. The ASX has four core business units: listings, markets, technology and data, and securities and payments. Total listings ... |
| | | | ... taking ASX forward and have made strong progress as an organisation over the past two years." Longo said ASX's CHESS replacement is a technology project of "fundamental significance", replacing critical national infrastructure crucial to the operation ... |
| | | | ... Simone Constant said it is moving quickly to develop and implement these rules, which require that, during the CHESS replacement program and beyond, the ASX remains responsive to users and does not create barriers to competition. "Importantly, the rules ... |
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