A strike was recorded for the first time against ASX on its remuneration report at the company’s annual meeting,with shareholders unhappy due to the ongoing delays of its technology upgrades.
The Australian Securities Exchange has not provided a new deadline for when the CHESS replacement project will go live,casting doubt over the future of the project.
The ASX suffered a full-day trading outage last November after the launch of ASX Trade. An independent report has found there were seven reasons the new system was not ready to go live.
ASX chief executive Dominic Stevens says improving accountability is a key focus for the bourse operator,following a major outage last year and a delayed technology overhaul.