ASX’s recently decided to create a dedicated technology division sparking this new hire ASX, the Australian Securities Exchange, has announced the appointment of Tim Whiteley as Chief Information Officer (CIO), effective from July 1, 2023. In his role as CIO, Whiteley will oversee the enterprise technology functions, technology and data…
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Commonwealth Bank unveils new technological advancements
CBA announces refreshed CommBank app 5.0 Commonwealth Bank (CBA) has announced a series of ground-breaking innovations aimed at enriching the customer experience and catering to the increasing demand for digital banking services. The highlight of the announcement is the upcoming release of CommBank app 5.0, a highly anticipated update that…
Read MoreGetswift gets fined $US15M for disclosure breaches
GetSwift made numerous misleading statements in its announcements on ASX The Federal Court has handed down the largest ever penalty against a company for breaching continuous disclosure laws, ordering GetSwift Limited pay a penalty of $US15 million. The Court described Getswift as a company that ‘became a market darling because…
Read MoreASX Chess Replacement Project
ASX provides critical market infrastructure ASX Chairman Damian Roche said: “We began this project with the latest information available at that time, determined to deliver the Australian market a post-trade solution that balanced innovation and state-of-the-art technology with Glosafety and reliability. However, after further review, including consideration of the findings…
Read MoreSoftware glitch blamed for ASX outage
Australian Stock Exchange remained closed for 24 hours. The Australian Stock Exchange has issued a public apology for the disruption to the market caused by the outage of the ASX Trade system earlier this week. The market will remain closed on Monday 16 November and re-opened at the normal time…
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