The second independent expert report on ASX Ltd’s work to assure the corporate regulator it has fully resolved the issues that caused market chaos when trading was halted for a full day will miss a key deadline.
Independent expert EY released its second report, measuring ASX’s work to address an action plan put in place by IBM after the November 2020 market outage, concluding that while the market operator continues to make good progress, it will need to revise the delivery timetable.
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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au