Market Consultation (2016)
In September 2016, ASX commenced consultation on the replacement of CHESS with the release of the consultation paper. The objective of the consultation paper was to:
- Provide the market with an update on ASX’s evaluation of distributed ledger technology (DLT)
- Set out ASX’s preliminary thinking on the business requirements for a system to replace CHESS and
- To seek initial views from users on their business requirements
The deadline for submission of responses was 28 October 2016.
ASX received 36 written submissions, including 23 that were provided on a confidential basis. The submissions provided on a non‑confidential basis are available below.
ASX provides its response to the consultation paper on the business requirements for the replacement of CHESS.
Supplementary Business Requirements Questionnaire - ASX Replacement of CHESS:
On 22 December 2016, ASX released a Supplementary Business Requirements Questionnaire seeking additional information from stakeholders.
The deadline for submission of responses to the questionnaire was 14 February 2017.