The ASX is delaying the introduction of its blockchain-based clearing system

  • was scheduled for 2021
  • then set for April 2022
  • Now 2023 after consulting market participants, ASX said in a statement.

Says the company:

  • “The industry ... requested substantially more post-trade processing capacity than what had been contemplated pre-COVID-19”

ASX CEO Dominic Stephens:

The ASX is delaying the introduction of its blockchain-based clearing system