Archive · Business Recorder
Australia's ASX says 'turning point' reached after trading outages
SYDNEY: The Australian Securities Exchange’s chair said on Thursday the company had reached a turning point in addressing its regulatory troubles, and maintained its lower dividend payout ratio and higher cost guidance for the year ahead. The ASX has faced a number of trading outages and settlement delays over the past three years following a failed technology overhaul, which led the Australian Securities and Investments Commission to order the exchange to hold an extra A$150 million ($105 million) in capital and renew its infrastructure. “My clear view is that ASX has reached an importan...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →