Nasdaq Selected To Support ASX In Post-Trade Technology Overhaul - ASX To Replace Equities And Equity Options Clearing Platforms With Genium INET - Nasdaq To Build CCP Clearing Capability - ASXâs Clearinghouses Now Managing Real-Time Risk With Nasdaqâs Post-Trade Risk Technology

Nasdaq (Nasdaq:NDAQ) and Australian Securities Exchange (ASX) have announced that Nasdaq will replace ASX’s existing equities and equity options clearing technology platforms – a significant element of ASX’s technology transformation program outlined in February 2015. This technology development will be undertaken on Nasdaq’s Genium INET Clearing platform, which is already in use at ASX for futures clearing. It reflects ASX’s commitment to consolidate its number of post-trade platforms and improve efficiencies for its customers.