Category: ASX

ASX’s Long-in-the-Works DLT Plan on Ice Amid Coronavirus Concerns

The Australian Securities Exchange (ASX) has postponed the launch of its long-awaited distributed ledger technology (DLT) trading system due to “uncertainty” prompted by the coronavirus outbreak. The Sydney-based stock exchange paused the launch plans for its new DLT-based system...

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Australian Share Market Reveals Potential Storm for US Equities While Bitcoin Falls

The Australian share market fell sharply during its opening session of trading on Monday (AEST) after the country’s Prime Minister announced drastic measures to curb the spread of coronavirus (COVID-19). Reeling from its worst week since the global financial...

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National Stock Exchange of Australia Plans DLT Platform to Compete With ASX

Australia’s primary stock exchange could soon have a new blockchain-based rival. National Stock Exchange of Australia owner NSX Ltd. and financial institution iSignthis (ISX), both publicly listed companies, announced Thursday they are forming a joint venture to offer a...

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ASX Sees Industry Benefits Arising From Blockchain Upgrade as July Tests Approach

The chief of the Australian Securities Exchange (ASX) said the company’s approaching shift to blockchain tech could bring opportunities to the wider securities industry. In a results call for H1 2020 Thursday, reported by ZDNet, ASX CEO Dominic Stevens...

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