ASX

ASX hit with A$150 million capital charge, regulatory reforms

The exchange operator will also revamp its internal transformation programme with new targets and commit to stronger leadership

Lucinda McCann's appointment comes as ASX faces heightened regulatory scrutiny following a string of compliance and operational setbacks.

ASX appoints new compliance chief amid pressure to deliver on turnaround plan

AUSTRALIAN stock exchange operator ASX has appointed Lucinda McCann as its new chief compliance officer with immediate effect, the company said on Monday, amid mounting pressure to deliver on its mult...

In Asia-Pacific markets, exchange operators’ reservations threaten to grind the plans of crypto hoarders to a halt entirely.

Asia’s biggest stock exchanges push back against companies hoarding crypto

More recently, DATs’ purchases have slowed and their share prices have sagged, coinciding with a sharp sell-off in wider digital asset markets

The S&P/ASX 200 index climbed 0.9 per cent to 9,068.4. It rose to a record of 9,109.70 earlier in the day, crossing the 9,100 mark for the first time.

Australian shares notch record closing high as jobless spike fuels rate-cut bets

[SYDNEY] Australian shares rose to a record close on Thursday (Oct 16), driven by strong gains in financials, property and gold stocks after an unexpected spike in unemployment bolstered views of an i...

Chicago-based Cboe currently provides trading in ASX-listed securities and admits exchange-traded funds through its own market.

Cboe gets nod to list firms in Australia in threat to ASX

With the approval, companies will be able to list on an exchange run by the US firm in the country

The RBA’s criticism underscores the growing regulatory pressure on ASX, by far Australia’s biggest equity market operator, to ensure the stability of essential financial systems.

Australian central bank blasts ASX for trading settlement failures

[SYDNEY] The Australian Securities Exchange must make “foundational changes” to its governance, culture and risk management after last year’s trading settlement failure, the country’s central bank sai...

It is the culmination of years of hitches at the ASX, including a botched technology upgrade to its clearing and settlement platform, which has led to a wide-ranging regulatory probe into failures in governance and risk management.

Ticker glitch, rising competition deepen woes for Australian bourse

In just two days, a bungled market announcement, a threat to its long-standing dominance and surprise expenses from a regulatory probe have dented confidence in the exchange

ASX came under fire for problems with its clearing and settlement platform CHESS, which broke down in December.

Australia’s ASX shares slide as regulator launches probe into ‘serious failures’

SHARES of Australian bourse operator ASX dropped on Monday after the country’s securities regulator launched an investigation into the company, citing “repeated and serious” operational failures.