ASX starts resolving hours-long company announcements outage
2025-12-01 01:41:58 ET
The Australian Securities Exchange faced renewed pressure to advance its turnaround plan after a technical glitch on its announcements platform on Monday halted trading for about 80 stocks and disrupted company announcements for several hours....
The exchange's announcements platform ?went down just before 9 a.m. (2200 GMT) and was still not fully operational at the close of trade on Monday, ?about 4 p.m. (0500 GMT).
ASX has published all corporate statements received after 11:22 a.m. Sydney time on Monday, and is working with firms to post impacted releases, according to a statement .
"Earlier announcements remain impacted," an ASX statement on its website showed.
Companies due to release price-sensitive information during the outage were placed in a trading halt, according to an ASX spokesperson told Reuters.
The ASX disruption comes after ?U.S.-based CME Group ( CME ), the world's largest exchange ?operator, suffered one of its longest outages in years on Friday, halting trading across stocks, bonds, commodities, and currencies.
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