ASX confirms one-year delay to DLT post-trade system
The post-trade blockchain project at ASX has been pushed back by one year as the exchange faced pressure from users to delay the launch.
The post-trade blockchain project at ASX has been pushed back by one year as the exchange faced pressure from users to delay the launch.
The ongoing coronavirus pandemic forced ASX to rethink the launch of its new blockchain-based post-trade settlement system.
ASX, Digital Asset and VMware are looking to extend the use of blockchain technology in financial services in Australia and New Zealand.
The exchange's new DLT solutions team has been created to look at other ways the ASX can use the technology in the equities and non-equities space.
Fiona Tramontana joins ASX in Sydney to work within its rates, derivatives and OTC markets business.
ASX is working to replace its equities clearing and settlement system with blockchain technology.
Vela will offer order routing and market data to Osaka Exchange as part of deal with JPX.
ASX is the first exchange in Asia Pacific region to implement Quantitative Brokers’ algorithms.
ASX has been a shareholder in IRESS since its initial public offering in 2000.
Digital Asset looks to steam ahead after Blythe Masters, the former CEO and a long-time face of blockchain innovation, stepped down at the end of last year.