The ASX has narrowly avoided the need to delay or cancel trading on Monday after engineers working through the weekend to resolve serious issues with its critical settlements processing system.
The faults were discovered on Friday and meant that trades made earlier in the week could not be settled, leaving brokers scrambling to find billions of dollars to cover the transactions that could not be finalised.
Source: https://www.afr.com/companies/financial-services/asx-says-it-will-trade-as-normal-on-monday-narrowly-avoiding-disaster-20241222-p5l07y