Australian Securities Exchange to triple capacity of DLT system

[Dociko]

The new blockchain-based system will replace the existing CHESS system. The Australian Securities Exchange will delay its blockchain-based CHESS replacement after huge trading volumes due to the pandemic required a massive expansion of capacity. The DLT- based system had been scheduled for official trials in December, with a planned launch window of early 2022.

At its annual meeting this year, ASX chief executive Dominic Stevens told shareholders they were looking to triple the capacity of its planned DLT system based on the surge in trade volumes seen earlier in March.
Details: https://cointelegraph.com/news/australian-securities-exchange-to-triple-capacity-of-dlt-system