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Showing 1 - 10 of 55 results for "CHESS Replacement"

ASX sees trade volumes soar in May

MATTHEW WAI  |  THURSDAY, 4 JUN 2026
... legal proceedings which kicked off in August 2024 in relation to representations made regarding the previous CHESS replacement project in February 2022. Defending itself, the matter is proceeding to trial on June 15. Separately, the bourse also appointed ...

SIAA focuses mission on building prosperity for investors

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
... pipeline of professionals, prevented increases to wholesale investor thresholds and engaged closely with ASX on its CHESS replacement project. "We're going to be proactive in our positions to lead government, regulatory, and market change where it's ...

ASX announces interim chief executive

VINNY VUCAGO  |  THURSDAY, 30 APR 2026
... Lofthouse's first calls as chief executive, when she took the top job in August 2022, was to dump that initial CHESS replacement project and start over. However, throughout her tenure the ASX has also suffered several outages, most recently in December ...

ASX declares CHESS clearing services ready

ELIZA BAVIN  |  TUESDAY, 21 APR 2026
... CHESS Release 1 is ready for market open to provide clearing services. ASX is aiming to implement Release 2 of CHESS replacement in 2029. ASX said all approved market operators (AMO) advised they successfully connected to the new system ahead of market ...

Helen Lofthouse to exit ASX in May

JAMIE WILLIAMSON  |  WEDNESDAY, 11 FEB 2026
... statements related to the project. One of Lofthouse's first calls as chief executive was to dump that initial CHESS replacement project and start over. However, throughout her tenure the ASX has also suffered several outages, most recently in December ...

AI, operational failures key regulatory risks for ASIC in 2026

RIDDHIMA TALWANI  |  TUESDAY, 27 JAN 2026
... First Guardian matters. Poor insurance claims handling, significant outage resulting from the implementation of CHESS replacement, poor quality financial reporting and increased risk appetite in the banking sector are also on its radar in 2026.

Former staffer sues ASX, Lofthouse over bullying

ELIZA BAVIN  |  TUESDAY, 16 SEP 2025
... Halstead has also alleged the ASX failed to provide adequate resources for major projects, including the embattled CHESS replacement, and failed to listen to warnings over market outages. According to the concise statement filed in the Federal Court ...

ASX revenues, profits increase amid scrutiny

MATTHEW WAI  |  FRIDAY, 15 AUG 2025
... has commenced legal proceedings against the ASX for allegedly making misleading statements in relation to the CHESS replacement project. "We've experienced heightened regulatory scrutiny following the CHESS Batch Settlement Incident last December and ...

ASIC appoints ASX inquiry panel

MATTHEW WAI  |  THURSDAY, 26 JUN 2025
... continued confidence in ASX." The inquiry follows ASIC suing the ASX over misleading statements related to its CHESS replacement project. The ASX recently sold out of its stake in Digital Asset, the firm it partnered with in 2016 to build the doomed ...

ASIC launches fresh inquiry into ASX

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... ASIC is currently suing the ASX in the Federal Court for allegedly making misleading statements related to its CHESS replacement project. "While this inquiry is underway, it is critical ASX continues to prioritise the safe and efficient operation of ...
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