The Australian Stock Exchange’s new strategy for modernizing clearing and settlement raise new concerns.
The fintech is building a marketplace for private shares to trade on top of a blockchain-rails registry in Australia.
The private-markets operator is applying for a license to break ASX’s monopoly on clearing and settlement.
Australia generally lacks regulation for anything crypto, but one local player has found an exception.
Stock exchanges’ do-little approach to their tech stack is running out of runway in fast-changing Asia.
The review by Accenture that killed the DLT project details the problems behind ASX’s CHESS replacement.
The new schedule is meant to placate brokers and issuers in Australia wary of ASX’s blockchain ambitions.
CEO Dominic Stevens highlights there’s more “beyond what the media will report on DLT”.
The first chance to access the exchange’s new build heralds profound changes to come.
The CEO of R3 discusses how the vendor won the contract for SIX Group’s proposed digital asset exchange.