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Showing 51 - 60 of 77 results for %22ASX CHESS%22

Custodians oversee heightened domestic equity trades

DARREN SNYDER  |  FRIDAY, 31 AUG 2018
... reforms aimed at growing our funds management sector and streamlining operations. An additional focus is the replacement of the ASX equities settlement platform CHESS. "The replacement of CHESS is a significant initiative by the ASX, and fundamentally ...

BlackRock confirms iShares delisting timetable

KANIKA SOOD  |  FRIDAY, 11 MAY 2018
... for iShares ETF investors to liquidate their holdings, reconfirming it will suspend the trading of five products from the ASX in about a month. On May 3, BlackRock said it was pulling five iShares products from the Australian Securities Exchange and ...

Trustee firm lists $2bn in RMBS debt securities

KANIKA SOOD  |  FRIDAY, 4 MAY 2018
Perpetual Trustee Company has listed three new debt securities on the ASX, which together are offering about $2 billion of RMBS debt securities to wholesale investors. Last month, Perpetual said Aussie investor's appetite for RMBS is strong, and more ...

ASX gives timeline for CHESS replacement

KANIKA SOOD  |  MONDAY, 30 APR 2018
... system that will replace the older CHESS system. The new distributed ledger technology (DLT) will start clearing trades for the ASX about two years from now - somewhere between Q4 2020 and Q1 2021. "The timing of implementation is subject to change following ...

ASX pioneers blockchain technology

KARREN VERGARA  |  THURSDAY, 7 DEC 2017
The world will look on "carefully" as the ASX becomes the first major stock exchange to implement distributed ledger technology (DLT) across its trading platform, says deputy chief executive Peter Hiom. In announcing it will replace its trades settlement ...

Blockchain will boost company value: Research

EMMA RAPAPORT  |  TUESDAY, 28 NOV 2017
... Exchange and Toronoto Stock Exchange] have announced blockchain projects to try to remedy this," Frino said. "In Australia, the ASX have also said that electronic AGMs will be enabled by blockchain, however no actual research existed to suggest whether ...

ASX on track for blockchain announcement

KARREN VERGARA  |  TUESDAY, 26 SEP 2017
The ASX's potential rollout of blockchain or distributed ledger technology (DLT) is well on track, chief executive Dominic Stevens told the exchange's annual general meeting today. An official announcement to determine the suitability of DLT to replace ...

ASX flags imminent blockchain transition

KARREN VERGARA  |  THURSDAY, 17 AUG 2017
The ASX decision to replace its exchange settlement system in place of distributed ledger technology (DLT) or blockchain could come as soon as December. ASX chief executive Dominic Stevens said the exchange has undertaken initiatives and industry-wide ...

Wealth begins its blockchain reaction

DARREN SNYDER  |  MONDAY, 7 AUG 2017
... an important attribute making Australia one of the most sophisticated global markets on blockchain is the initiative of the ASX to replace its dated CHESS clearing and settlement system. "We're on six different working groups [here]," Colle says. He ...

Saxo Capital Markets expands solutions

KARREN VERGARA  |  THURSDAY, 15 JUN 2017
... to invest in Australian shares through a Holder Identification Number (HIN), which is a unique identifier assigned by the ASX to investors who use a broker. This means having the ability to hold Australian stocks through the HIN structure provided by ...