ASX

Cboe Global Markets, Inc. a market operator and global trading solutions provider, is buying Chi-X Asia Pacific Holdings(Chi-X Asia Pacific), an alternative market operator from J.C. Flowers & Co. Australia’s economy is the world’s 9th  largest economy accordong to Cboe, representing approximately $2.2 trillion in market capitalization and averaging 4.6

Tensions between the ASX and the CHESS Replacements Stakeholder Group (CRSG) — whose members include shareholder associations and registry businesses — are burning red hot as the parties argue over the market impact of the proposed Distributed Ledger Technology (DLT)-based replacement to CHESS. A letter sent by ASX Chairman Rick

The massive disruption to markets and to the economy ushered in by COVID-19 has created a real-time, real-life stress test for business. Organisations that invested in the organisational and infrastructure assets of business sustainability are now reaping the benefits, while management consultants like McKinsey and Co. stress the importance of

The financial turmoil caused by the unfolding COVID-19 pandemic has forced the ASX to delay the launch of its blockchain-based CHESS replacement, which had been scheduled to go live in April 2021.  The ASX announced yesterday it will conduct a formal consultation process in June to determine a new timetable

Australia’s new all-tech index goes live today. The new index captures ASX-listed companies in the fast-growing technology sector. S&P/ASX All Technology Index, trading under the symbol XTX, was launched on Friday by the ASX in partnership with S&P Dow Jones Indices.  The All Tech Index operates under an S&PDJI methodology

Buy now pay later platform Openpay dropped 17 per cent on its first day listed on the ASX.  According to the Sydney Morning Herald, the stock fell from the issue price of $1.60 to $1.35 half an hour after listing. It finished on Monday down 17.5 per cent at $1.32.

Despite a decade of disruption, Australia’s largest public companies of 2009 are still holding on to their positions at the top of the ASX100.  Australia’s newly-listed tech companies are starting to replace some of the traditional incumbents, but their failure to build genuine scale offshore is slowing their rise up

More than one in ten ASX-listed CEOs have a background in technology yet none have previously been a CIO according to new research from executive recruiter Robert Half.  The research, 2019 CEO Tracker examines the background of the CEOs of the ASX 200. According to this study those CEOs with

The Australian Securities Exchange (ASX) has signed a three-party memorandum of understanding (MOU) with Digital Asset (DA) and VMware to work together on distributed ledger technology (DLT) initiatives in Australia and New Zealand. The ASX has been an early pioneer in blockchain technology, deciding in 2015 to replace its 25-year-old

The Australian and Security Exchange Commission is looking into why the share prices of buy now, pay later platforms Afterpay, Zip and Flexigroup plummeted on Wednesday morning. The market volatility occured two days before a senate committee examining the buy now, pay later sector hands down its final report. According