ASIC Sues ASX Over Misleading Information On Troubled Software Upgrade
Australia’s corporate watchdog Australian Securities and Investments Commission (ASIC) is suing the country’s main stock exchange, ASX, alleging that it misled the public about the upgrade of the post-trading clearing house platform, known as CHESS. In 2015, the ASX planned to digitalize the trading system by switching to a blockchain-based clearing and settlement platform. ASX … Read more
