ASX Gives Green Light to Clearing Blockchain

The exchange expects to release the proposed timing for transition for market feedback by the end of March 2018.

DLT

“Today’s decision is a decision around the technology and the choice of vendor,” said Dominic Stevens, CEO of ASX, in a conference call with journalists on December 6. “With this decided, we can go back to our stakeholders, post the significant input they’ve given us around what they’re looking for in a new clearing and settlement system, and deliver to them in March 2018, the scope of Day 1 functionality and the expected timing going forward. Post consultation with the market, we will then lock

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