Australian Securities Exchange moving up to OM’s Click XT

The announcement follows ASX’s 'suitability study' conducted last year, which involved investigations of what changes will need to be made to OM’s Click XT system to meet ASX’s equities trading requirements (Trading Technology Week, Nov. 3, 2003).

The project will see the migration of ASX’s equity, warrants and fixed-interest products from its existing proprietary trading system, Stock Exchange Automated Trading System (Seats), on to Click XT. The total cost of implementing the system is estimated at A$10 million ($7.1 million), which will be spread over three years, according to an ASX spokesperson.

Click XT is the next generation of Click, which the Australian exchange has been using for its derivatives market since 1997 for the equity options, index options, index futures and commodity futures currently traded on the system.

 

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Next-generation technologies and the future of trading

At a Risk.net webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here