TagElmer Funke Kupper

ASX Remains Committed to Blockchain Following CEO Exit

Blockchain ASX

Speculation arose that Australian markets operator ASX (Australian Securities Exchange) could potentially review its investment and foray into embracing blockchain or distributed ledger technology for post-trade solutions, after the departure of CEO Elmer Funke Kupper. However, ASX executive chairman Rick Holliday-Smith has confirmed that the ASX is committed to blockchain technology solutions...

Australian Stock Exchange Confirms Upcoming Blockchain For Settlements

Australian Stock Exchange

The Australian Stock Exchange (ASX) Limited has announced that it is building a blockchain as a replacement for its current platform for clearing and settlement of trades. In an announcement today by Australia’s biggest stock exchange, the ASX has confirmed that it is developing a private blockchain with US-based firm Digital Asset as a post-trade solution for the Australian equity market. The...

The Australian Securities Exchange Is Keen on Blockchain Technology

Blockchain ASX

 The Australian Securities Exchange (ASX), the biggest stock exchange in the country-continent is keeping a close eye on blockchain technology, a recent report revealed. The CEO of Australia’s biggest stock exchange, the ASX, has revealed that the exchange is considering blockchain technology as the group is due to upgrade its current system for clearing and settlement of trades. In an interview...

The Australian Securities Exchange Is Likely to Soon Use Blockchain Technology

Blockchain is under consideration to replace Australian Security Exchange’s Clearing House Electronic Sub-register clearing and settlement System. The Australian Securities Exchange’s (ASX), managing director, has confirmed that blockchain is a serious candidate to replace the existing clearing and settlement system. The Sydney Morning Herald reports that ASX managing director Elmer Funke Kupper...

Do NOT follow this link or you will be banned from the site!