ASX
ASX:ASX
Newly released court documents lay out the timeline behind the ASX’s bungled tech upgrade, and how it it misled the market.
Market participants say Australia is lagging on tokenisation solutions as the ASX is too focused on upgrading its clearing system.
Reeling from the final ASIC report into its shortcomings, the Australian bourse is in need of urgent repair even as its CHESS replacement project faces potential delays.
Australia is world-class at building startups then watching them list abroad. Firmus is the ASX’s clearest chance in years to break that cycle.
The exchange operator's CEO is leaving after three years at the helm marked by operational glitches and clashes with regulators.
Penalties and compensation could be used to incentivise the national stock exchange operator improve its long running tech issues.
Dual-class shares are a sugar-hit solution that risk diluting investor rights and diverting attention from genuine market reform.
Norges Bank, which manages the world's largest sovereign wealth fund, is opposing the election of five James Hardie directors and voting against its remuneration report.
Some of the biggest names on the ASX could face pressure over board members who previously worked at their external auditor, with the exchange itself hit with a protest vote this week.
ASX’s AGM passed without fireworks as chair David Clarke defended progress on the troubled CHESS overhaul after a year of outages, mix-ups and competition from Cboe.
CEO Helen Lofthouse told Capital Brief that the bourse is not a monopoly and already competes with market operators both regionally and globally.
Shares in the market operator sank to their lowest levels in more than 15 months, with fund managers warning the arrival of Cboe may further weaken the stock's appeal.
As the ASX drags its feet on long-promised reforms, shareholder rights are being eroded. Australia’s public markets are paying the price.
The ASX is a monopoly. Quiet regulators after a series of missteps risk harm for everyday investors.