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CHESS and CHESS replacement

Latest updates

On 7 May 2025, ASX advised that access to the CHESS XP1 Test Environment will change to accommodate CHESS Release 1 Clearing Regression Testing. From 7:00pm AEST Friday 4 July 2025 the CHESS XP1 Test Environment will be brought down for CHESS Release 1 integration development and will be unavailable for all CHESS User testing. Further details can be found here.  

On 3 March 2025, ASX released two consultation papers to support Release 1 of CHESS replacement. The first is ASX’s Consultation on Release 1 (Clearing Services) – Amendments to Rules and Procedures. The second is ASX’s Consultation on Release 1 (Clearing Services) – Amendments to AMO Contractual Terms. Responses to both consultation papers are requested by 14 April 2025.

On 28 February 2025, ASX announced the opening of the Release 1 Industry Test Environment (ITE) and the commencement of the AMO Build and Test phase - a significant milestone in the delivery of the CHESS Project. ASX has created a central hub with information on industry testing, which will allow users to monitor the environment status, access the latest release notes, and track the status of open issues.

On 24 February 2025, a stakeholder communication was issued to Approved Market Operators and their Software Providers, informing them that the CHESS Project Industry Test Environment (ITE) was due to open later that week on 28 February 2025 — a significant milestone that will allow Approved Market Operators to connect to CHESS's new clearing component in a test environment. ASX has created a central hub with information on industry testing.  

 

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ASX will provide information on the CHESS Replacement project to stakeholders through a variety of resources including stakeholder communications, activities and committee meetings. 

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