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ASX Limited
ASX Limited operates Australian financial markets, providing cash and derivatives trading, listings, clearing and settlement services, market data, and connectivity services for issuers, investors, participants, and data clients.
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ASX Clear (Futures)
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Description
ASX Clear (Futures) provides central counterparty clearing for exchange-traded and eligible over-the-counter derivatives. It accepts and novates trades, manages open contracts, calculates variation and initial margins, supports collateral and settlement arrangements, and provides netting efficiencies and counterparty credit protection for clearing participants and their clients.Category: Service Provider
ASX Clear
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Description
ASX Clear clears shares, warrants, structured products, exchange-traded funds, exchange-traded options, and OTC equity and index options traded on ASX Trade or submitted through approved market operators and ASX Equity FlexClear. Its scope includes transaction novation, risk management and margining, operating rules, clearing-participant services, and related regulatory and operational processes. It is regulated by the Reserve Bank of Australia and the Australian Securities and Investments Commission.Category: Service Provider
ASX Settlement
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Description
ASX Settlement is the sole provider of settlement services for Australia’s equity markets. It conducts settlement through CHESS, which records securities ownership electronically, automatically settles equity trades two business days after trading, transfers funds and ownership simultaneously through delivery versus payment, and nets settlement obligations. ASX Settlement is a licensed clearing and settlement facility regulated by the RBA and ASIC and operates under applicable financial stability standards, legislation, rules, and a Code of Practice.Category: Service Provider
CHESS And CHESS Project
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Description
The CHESS and CHESS Project is an ASX program providing stakeholder communications, technical documentation, testing resources, committee engagement and assurance reporting for the phased replacement of CHESS. Release 1 clearing functionality has gone live and transitioned to business-as-usual support, while Release 2 settlement and sub-register functionality is available in the Industry Test Environment.Category: Service Provider
ASX Collateral
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Description
ASX Collateral provides tri-party repo, collateral management, and securities and lending services, including collateral allocation and substitution, pricing, margining, payments, settlement, and reporting. It serves collateral givers and takers, leverages Clearstream Banking SA technology, and is underpinned by Austraclear infrastructure.Category: Service Provider