The Group of 100 invite you attend breakfast with ASX’s Deputy CEO, Peter Hiom, and ASX’s Executive General Manager Equity Post Trade, Cliff Richards, to hear first-hand ASX’s progress to date including:
• How and why ASX chose to use a DLT-based system to replace CHESS
• What new functionality the system will deliver on Day 1
• What additional benefits the DLT capability of the system can provide
• How this will benefit brokers, issuers, investors and their service providers
Date: Friday 20 September 2019
Time: 7.00 for 7.30am to 9.00am
Venue: ASX Office, 20 Bridge Street Sydney 2000
To assist with seating and catering purposes please advise of your attendance together with any dietary restrictions to email@example.com by 9 September 2019.
The ASX is in the midst of one of the most widely publicised and largest blockchain projects in the world, using distributed ledger technology (DLT) to replace its ageing ‘CHESS’ system which underpins the clearing and settlement of Australia’s equity market.
This project is seen by many as the first enterprise grade implementation of a DLT based system that aims to deliver significant benefits to a large number of users. ASX believes this provides the opportunity to lower costs and increase innovation to the benefit of market users.