ASX Likely to Delay the Go-Live Date of CHESS Replacement Project

ASX is today providing a CHESS replacement project update to CHESS users, software providers and other stakeholders.

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Today's update includes important information about the timing of the next software release, which has resulted in delays to the current phase of the project schedule.

The update also advises stakeholders that ASX will be engaging with them to assess the flow-on impacts to project milestones, industry testing, operational readiness and implementation, migration dress rehearsals and the go-live date.

"At this time, ASX advises that there is a strong likelihood of delay to the go-live date. We will engage with our software provider and stakeholders to assess the impact, and will update the market on this process,"ASX stated.

Last week, The Board of ASX Limited announces the appointment of Mr David (Dave) Curran as a non‐executive director. Mr Curran will stand for election at ASX's Annual General Meeting on 28 September 2022.