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Bad bug: ASX boss 'gutted' over outage

James Eyers

ASX chief executive Dominic Stevens says he was 'gutted' by last month's devastating trading outage and is determined to get to the bottom of why a damaging software bug wasn't spotted before the new system crippled the local sharemarket.

He has also pledged to hold executives accountable if internal and external reports into the November 16 mishap find them wanting.

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James Eyers writes on banking, finance, payments, regulation and emerging technologies. Based in Sydney, he is a former legal and investment banking editor at the AFR and has been a business journalist for more than 20 years. Email James at jeyers@afr.com.au

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    Original URL: https://www.afr.com/companies/financial-services/bad-bug-asx-boss-gutted-over-outage-20201201-p56jda