FinTech Futures: Top five stories of the week – 24 March 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ASX
ASX delays CHESS replacement to April 2023
This is the third delay to ASX’s blockchain-based CHESS replacement system.
iSignthis files AUD 264m against Australian Securities Exchange
The feud has its roots in ASX’s removal of iSignthis shares from trading.
iSignthis drops $1m on NSX shares to further rival ASX
The company’s subsidiary Probanx Solutions has bought 16.5 million NSX shares.
iSignthis to form blockchain venture with NSX to compete with ASX
NSX suspended iSignthis from trading on its platform five months ago.
ASX to sell $385m stake in tech provider Iress
“It no longer provides the strategic value to ASX that it once did.”
Top fintech stories this week – 7 September 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
ASX blockchain system go-live delayed
Australian Stock Exchange’s system was meant to go live at end of March 2018.
Trading Technologies launches new platform in Australian Liquidity Centre
The Australian Securities Exchange (ASX) says Trading Technologies International (TT) has launched its new trading platform in the Australian Liquidity Centre (ALC). David Raper, executive general manager trading services at ASX, says TT’s new platform will provide the community with an “innovative means” to access derivatives products on the Australian market. Customers of TT will […]
ASX chooses Metamako for real-time monitoring
Australian Securities Exchange (ASX) has opted for Metamako’s MetaMux for real-time monitoring of its new trading platform and for timestamping and time synchronisation of its internal network traffic. Dr. Dave Snowdon, founder and CTO of Metamako, says: “This is the first time that a major exchange has publicly acknowledged its use of our products. The […]
Nasdaq to support ASX in post-trade technology overhaul
Nasdaq will replace Australian Securities Exchange’s (ASX) existing equities and equity options clearing technology platforms. ASX says it wants to consolidate its number of post-trade platforms and this latest deal forms a “significant element” of its tech revamp programme outlined in February 2015. Tim Thurman, CIO at ASX, says: “While we have announced that ASX […]
Infrastructures back Swift ISO 20022 harmonisation proposals
Major financial market infrastructures (FMIs) and central banks have thrown their weight behind a Swift initiative to prevent further fragmentation of the ISO 20022 messaging standard as its adoption grows by signing a charter backing principles to harmonise implementations.
Australian Securities Exchange hooks up to NYSE Technologies SFTI
The Australian Securities Exchange has connected to NYSE Technologies’ secure financial transaction infrastructure network, creating a new link between the Australian market and the outside world.
ASX prepares client clearing for OTC derivatives
The Australian Securities Exchange has set out plans to offer client clearing of OTC derivatives before the end of the year, in a move designed to provide new risk management controls to Australian investors.
ASX debuts new network for international investors
The Australian Securities Exchange has expanded its efforts to connect to international market with the launch of the ASX Net Global network, which connects to Asia, Europe and North America.
