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ASX pushes back start date of new derivatives, equities trading platform

ASX Ltd.pushed back the start date of its new derivatives and equities trading , The Australian Financial Review reported April 13.

The new technology for its derivatives platform will go liveat any time between July and November instead of the initial May schedule, accordingto an update sent to stockbrokers and obtained by the publication. The launch ofthe corresponding platform for the equities market was pushed back to "no sooner"than February 2017 from September.

ASX is planning to upgrade its major trading and post-trade platformsin the next three to four years.