Business
ASIC investigating four-hour ASX trading outage – Sydney Morning Herald
The corporate watchdog is looking at whether the ASX breached its market obligations to provide a transparent and efficient market when its systems failed on November…
“ASIC is concerned that there have been further issues with infrastructure at ASX and is working with stakeholders to ensure that any impact on the fair, orderly and transparent operation of the markets is minimised,” ASIC said in a statement last Tuesday.
The benchmark index paused unexpectedly at 10.24am last Monday and was frozen for more than four hours. The ASX later said the outage was due to glitches caused by the launch of matching system, ASX Trade, and trading was called off for the day…
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