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(Adds details of delay, context, RBA and ASIC statements, and background)
Aug 3 (Reuters) - The Australian Securities Exchange said on Wednesday it would delay an overhaul of its main share trading software by up to 20 months, citing problems achieving "scalability and resilience".
The delay until late-2024, among several, takes it to nearly a decade of ASX Ltd's project to modernise its equities clearance software Clearing House Electronic Subregister System (CHESS).
The CHESS software enabl...
>>> Read more: UPDATE 1-Australian stock exchange operator delays software overhaul by 20 months
Aug 3 (Reuters) - The Australian Securities Exchange said on Wednesday it would delay an overhaul of its main share trading software by up to 20 months, citing problems achieving "scalability and resilience".
The delay until late-2024, among several, takes it to nearly a decade of ASX Ltd's project to modernise its equities clearance software Clearing House Electronic Subregister System (CHESS).
The CHESS software enabl...
>>> Read more: UPDATE 1-Australian stock exchange operator delays software overhaul by 20 months
