ASX Partnership Program hits snag
The Australian Securities Exchange has hit a snag with its $70 million CHESS Replacement Partnership Program, flagging it will need longer stakeholder engagement than expected.
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The Australian Securities Exchange has hit a snag with its $70 million CHESS Replacement Partnership Program, flagging it will need longer stakeholder engagement than expected.
<p><span>ASX today released details of proposed eligibility criteria for certain stakeholders to receive an incentive payment as part of the CHESS Replacement Partnership Program, (“Partnership Program”). In a message to stakeholders, ASX invited feedback on the proposed criteria ahead of making the first development incentive payment under the $70 million program. </span></p>
The regulator will require ASX to produce two special reports. ASIC has announced that it has taken further action to ensure that ASX adequately responds to the findings and recommendations of the ex
The market operator has released its half-year results and provided an update on the troubled CHESS replacement project. ASX has reported a statutory profit after tax of $73.6 million for the first ha
ASX’s interim profit took a 70pc hit after a big write-down on the bungled IT project. ASX has provided a plan to improve engagement for a new design.