Activity

While I couldn’t find specific information about a delay of the ASX Trade Service Release 15, here’s what I can tell you based on the available information:
Target Launch Date:
* The ASX Trade Service Release 15 (SR15) was scheduled to go live on Monday, May 12, 2025.
Key Features of SR15:
* Removal of the Open Auction Stagger: The current staggered opening times for different stock codes will be replaced by a single, randomized opening time for equities and ETFs between 9:59:00 AM and 9:59:15 AM AEST. Continuous trading will then commence between 9:59:45 AM and 10:00:00 AM.
* Post Close Trading Session: A new post-close trading session will be introduced for equity markets, warrants, and the interest rate market.
* FIX Drop Copy: This service will be available from the go-live date for participants who have completed development and conformance testing.
* FIX Order Entry and Market Data Feed (MDF): These features are planned for a later release in Q3 2025.
* Block and Late Trade Reporting Simplification.
Industry-Wide Testing (IWT):
* ASX conducted three Industry-Wide Tests in the production environment to ensure market readiness for SR15.
* IWT 1: Saturday, April 12, 2025
* IWT 2 (ASX BCP Weekend): Saturday, May 3, 2025
* Go-live Readiness: Saturday, May 10, 2025 (This test outcome would likely determine if the May 12th go-live was feasible).
* Market participants were required to participate in at least one IWT event and submit an attestation form confirming their readiness by 2:00 PM on May 10, 2025.
Important Considerations:
* ASX has emphasized that the actual go-live date is dependent on market readiness as demonstrated through the IWT results. They are committed to a stable and risk-measured release.
* Participants needed to ensure their systems could handle the new trading mechanisms.
In summary, while the planned go-live date for ASX Trade Service Release 15 was May 12, 2025, the ASX had indicated that this was subject to the successful completion of industry-wide testing and overall market readiness.
To get the most up-to-date information regarding any potential delays, I would recommend checking the official ASX website or their announcements directly.

Video courtesy of CSOB

Video courtesy of CSOB