WebAug 4, 2024 · The CHESS software enables ASX's registry to manage the settlement of transactions, and the exchange has strived since 2024 to replace it with distributed ledger technology in a bid to cut costs for customers. The replacement system is being developed by Digital Asset, which ASX has an equity stake in. WebNov 23, 2024 · Accenture was commissioned by ASX to review aspects of the CHESS replacement project focused mainly on scalability, resiliency, and supportability of the …
Bourse operator ASX flags $172 million hit from clearing software ...
WebNov 30, 2024 · ASX’s strategy is to build an exchange for the future and deliver world-leading infrastructure to the Australian market. Opening ITE1, as part of the CHESS replacement project, is a key pillar to achieve that goal. “There is a great deal of interest in ASX’s CHESS replacement project and the ground-breaking technology behind it. WebAug 3, 2024 · The ASX has been working with DLT specialist Digital Asset since 2024 to replace its Chess post-trade settlement system with a blockchain-based platform. Initally … doh functions
ASX scraps blockchain-based CHESS replacement …
WebNov 22, 2024 · November 22, 2024 After a series of delays, the Australian Stock Exchange (ASX) has hit pause on a protracted project to replace its Clearing House Electronic Subregister System (Chess) with a new … WebAs you would have seen in the proceedings before the PJC, there is a strong view across the industry – from stockbrokers to share registries, to other market participants and stakeholders that the CHESS replacement project has been severely compromised, in a large part, through the ASX’s ingrained lack of transparency and engagement with ... WebA short summary of the letter submitted to Parliamentary Joint Committee on Corporations and Financial Services regarding CHESS and mission critical… Daniel Bower en LinkedIn: Govt urged to take ASX out of CHESS replacement equation - Financial… fair information