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No plan B as ASX reaffirms $250m CHESS project

Tim Hogben is so confident the implementation of the CHESS clearing and settlement IT project will be a success he says there is no plan B.

Dominic stevensTim hogbenElmer funke kupperSingapore exchangeஆதிக்கம் செலுத்தும் ஸ்டீவன்ஸ்எல்மர் பூங்கே குப்பேர்சிங்கப்பூர் பரிமாற்றம்

Markets Live, Wednesday 26 May, 2021

By Alex Druce Shares in the Commonwealth Bank topped $100 for the first time this morning, pushing the company’s market cap towards $180 billion. Australia’s number one lender rose to a peak of $100.20 at 10.53am AEST, and was still 0.2 per cent ahead 25 minutes later at $99.79. Commonwealth Bank shares have hit $100 for the first time in history. Credit:Getty Images That valued the bank at about $177 billion, behind only BHP and Rio Tinto in terms of ASX market capitalisation. CBA has added 21 per cent to its value in 2021 so far and surpassed its pre-COVID heights earlier this month. The firm has been on a run of record highs since its first-quarter update on May 15.

Peter hiomTim hogben

Highly unlikely : ASX exec rules out further delays for blockchain project

‘Highly unlikely’: ASX exec rules out further delays for blockchain project We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement A senior executive from the Australian Securities Exchange insists the rollout of its long awaited platform upgrade based on blockchain technology is on track for delivery by 2023, following repeated delays that have plagued the high profile project. The ASX on Wednesday announced deputy chief executive Peter Hiom would resign, who spent 23 years at the company and was previously responsible for the roll-out of the new system. ASX group executive Tim Hogben now assumes full accountability for the project, a role he was undertaken since October.

Peter hiomTim hogbenAustralian securities exchangeஆஸ்திரேலிய பத்திரங்கள் பரிமாற்றம்

Highly unlikely : ASX exec rules out further delays for blockchain project

Highly unlikely : ASX exec rules out further delays for blockchain project
brisbanetimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brisbanetimes.com.au Daily Mail and Mail on Sunday newspapers.

Peter hiomTim hogbenAustralian securities exchangeஆஸ்திரேலிய பத்திரங்கள் பரிமாற்றம்

Highly unlikely : ASX exec rules out further delays for blockchain project

Highly unlikely : ASX exec rules out further delays for blockchain project
theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.

Peter hiomTim hogbenAustralian securities exchangeஆஸ்திரேலிய பத்திரங்கள் பரிமாற்றம்