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Notice
ASX Settlement advises that CHESS Batch Settlement has been cancelled for today, Friday 20 December 2024.
This follows the declaration by ASX Settlement of an Emergency Situation under the Standard Payments Provider Deed.
The Emergency Situation arose from the unavailability of CHESS to effect payment instructions in respect of Batch Settlement today. This has prevented the operation of the settlement facility’s normal DvP Batch Settlement processes for Batch Instructions scheduled for settlement today, including for trades that occurred on Wednesday 18 December 2024 which were due for settlement today (ie. on a T+2 basis).
ASX Settlement has rescheduled all Batch Instructions that were included in Batch Settlement today, for settlement on Monday 23 December 2024.
What do I need to do by when?
Participants and their Payment Providers need to be prepared to perform settlement of today’s Batch Instructions together with all Batch Instructions due for settlement on Monday, through Batch Settlement on Monday 23 December 2024.
ASX Settlement will assess the situation and will update the market as necessary but currently anticipates that Batch Settlement will occur in accordance with normal timeframes on Monday, commencing at 11:30am.
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Equity Post Trade Operations
1800 814 051
chesshelp@asx.com.au