ASX Limited ( (AU:ASX) ) has issued an announcement.
The Australian Securities and Investments Commission (ASIC) has launched an investigation into an incident involving ASX Limited’s CHESS Batch Settlement system that occurred in December 2024. This investigation focuses on ASX Settlement Pty Limited’s compliance with the Corporations Act 2001, and ASX has committed to fully cooperate with ASIC. The outcome of this investigation could have implications for ASX’s regulatory compliance and its operations within the financial market infrastructure sector.
More about ASX Limited
ASX Limited operates in the financial services industry, primarily offering securities exchange services in Australia. The company provides a platform for trading, clearing, and settlement of equities, derivatives, and other financial instruments.
YTD Price Performance: -3.04%
Average Trading Volume: 640
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $7.68B
Find detailed analytics on ASX stock on TipRanks’ Stock Analysis page.
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