Waters Wrap: ASX, Cboe and evolving exchange technology

I’m down in North Carolina visiting family, so I’ll keep this short and sweet. Two announcements hit the wires recently, and I think they’re both fairly big developments.

First, on August 3, the Australian Securities Exchange (ASX) announced that it is yet again delaying the rollout of its distributed-ledger technology (DLT)-based Chess replacement project to 2024. The $250 million endeavor has not gone smoothly; so much so, that consultancy Accenture was called in to help right the ship. If