Tagged: peter hiom

Australian Securities Exchange (ASX) to Further Postpone Roll Out to Chess Replacement System

The Australian Securities Exchange (ASX) is reportedly set to enforce yet another delay to the cutover of its blockchain-powered post-trade network, which was initially expected to go-live in April of last year. The ASX has been working cooperatively with distributed ledger tech (DLT) specialist Digital… Read More

COVID-19 Impacts Australian Stock Exchange Transition to DLT Based Replacement for CHESS

Earlier today, the Australian Stock Exchange (ASX) announced that its planned replacement for CHESS – the backbone system of the stock exchange has been impacted by the COVID-19 pandemic. The exchange said the implementation timetable has been altered due to the uncertainty created by the unfolding… Read More

ASX Will Migrate to Blockchain to Replace 20+ Year Old Trading System

The Australian Securities Exchange (ASX) will migrate away from its Clearing House Electronic Subregister System or “CHESS” to a system using Distributed Ledger Technology (DLT) commonly referenced as Blockchain. The CHESS platform has been in place since the 1990s. ASX said it is now taking… Read More

Send this to a friend