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ASX de-risks final CHESS move – The Australian Financial Review

Australia’s monopoly clearing and settlement system is now scheduled to be replaced in April 2023 after feedback from users raised questions about their ability…

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ASX also invested in its market surveillance technology, upgraded its market announcement platform, and in the next few weeks will upgrade its equity trading system.
Stevens on Wednesday laid out the new timeline for the CHESS replacement and the ASX’s response to its latest round of consultation with market participants and users of ASX services.
The consultation revealed CHESS users wanted clarity on the pricing of settlement and clearing services, information on data governance arrangements,…

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