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Showing 21 - 30 of 99 results for %22CHESS%22

Assets under custody take a hit: ACSA

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
... involvement in digital assets including cryptocurrencies, and the implementation of the ASX's DLT-based replacement for CHESS. "Innovation, digital asset evolution and standards will be critical to achieving efficiency in custody and investment administration ...

CHESS replacement delayed further, review underway

JAMIE WILLIAMSON  |  WEDNESDAY, 3 AUG 2022
The ASX has commissioned an independent review of its long-delayed CHESS replacement to enable the bourse to set a realistic go-live date, saying current indications suggest it won't launch before late 2024. The CHESS replacement project has been underway ...

ASIC urges market to improve outage resilience

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
... other important changes in the industry, including the replacement of the clearing house electronic sub register system (CHESS), Cboe's technology upgrade and the implementation of new market integrity rules. While these are important competing priorities ...

ASX names new managing director

CASSANDRA BALDINI  |  THURSDAY, 2 JUN 2022
... considerable growth optionality when he leaves." Her appointment comes as the ASX struggles to roll out its long-awaited CHESS replacement. The new technology was due to be launched in April 2021, was delayed to April 2022 and delayed again to April ...

ASX CHESS replacement delayed again

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
After advising there was a chance there would be further delays back in March, the ASX has today confirmed the CHESS replacement will not be ready by April 2023. In an update, the ASX said the April 2023 go-live is no longer viable. "This decision reflects ...

Stake adds crypto to platform

ELIZABETH MCARTHUR  |  MONDAY, 14 MAR 2022
... is the latest offering from Stake, which launched in the Australian market offering access to US shares, after it added CHESS-sponsored ASX trading at $3 flat brokerage in late 2021. "Younger Aussie investors are looking for access to a diversity of ...

Assets under custody hit $4.7tn

ELIZABETH MCARTHUR  |  TUESDAY, 15 FEB 2022
... involvement in digital assets including cryptocurrencies, and the implementation of the ASX's DLT-based replacement for CHESS. "ACSA remains well placed to address the opportunities and challenges in the coming year through a combination of our working ...

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... the Reserve Bank of Australia, the Council of Financial Regulators and ACCC, will continue to closely monitor the ASX's CHESS replacement program, particularly now the program is in key testing and readiness phases. The long-delayed transformation of ...

ASX chief steps down

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... position, and with the transformation of critical systems, platforms and infrastructure complete or nearing completion". The CHESS replacement date was pushed back to April 2023 after experiencing several hurdles, such as failing to cope with trading ...

ASIC enforces licence conditions on ASX

ANNABELLE DICKSON  |  WEDNESDAY, 24 NOV 2021
... ASX Settlement involve appointing an independent expert to assess ASX's assurance program for the implementation of the CHESS replacement program and analysing whether it is fit for purpose. ASIC has also released a report into the outage that outlines ...