how is asx using blockchain for settlement

Last Updated on May 1, 2024 by Paganoto

ASX delays blockchain settlement system to 2023

ASX delays blockchain settlement system to 2023

Today the Australian Securities Exchange (ASX) announced it is postponing the launch of its blockchain settlement system CHESS to April 2023 …

Brokers spend millions to prepare for ASX blockchain …

Brokers spend millions to prepare for ASX blockchain …

blockchain-based settlement system, CHESS. The ASX solution is now substantially complete and being tested with a go-live date of April 2023.

About CHESS Replacement – ASX

About CHESS Replacement – ASX

The replacement of CHESS provides issuers and end investors with greater control over, and enhanced confidence in, market activities through timely, secure and …

Turning point for ASX's $250m blockchain project – AFR

Turning point for ASX's $250m blockchain project – AFR

Tim Hogben, the executive leading the ASX’s clearing and settlement replacement project, says the world is watching as software vendors get …

ASX scores a blockchain win at last – AFR

ASX scores a blockchain win at last – AFR

The ASX has scored a much-needed win for its world-first blockchain settlement scheme, completing a test pilot with Melbourne-based digital …

ASX Boss Says His DLT Settlement System Will Be Bigger …

ASX Boss Says His DLT Settlement System Will Be Bigger …

We are moving … three trillion dollars of securities onto this system and that is larger than the whole global crypto world,” said …

ASX to use blockchain for equity transaction settlement

ASX to use blockchain for equity transaction settlement

We’ll send you a myFT Daily Digest email rounding up the latest US & Canadian companies news every morning. The Australian Securities Exchange …

Australian Securities Exchange completes world-first … – Finbold

Australian Securities Exchange completes world-first … – Finbold

Australian Securities Exchange completes world-first blockchain settlement scheme test … The Australian Securities Exchange (ASX), one of the …

ASX blockchain project stumbles…again – TradersCircle

ASX blockchain project stumbles…again – TradersCircle

Similar to how Bitcoin transactions are recorded on a blockchain, with transparency, efficiency and added security, the ASX hoped to replicate …

BBC: Australian stock exchange to move to blockchain

BBC: Australian stock exchange to move to blockchain

The Australian Securities Exchange (ASX) will replace its current clearing system with blockchain technology. The new system has been in development and testing …