OCTOBER 2015 UPDATE
TECHNOLOGY UPGRADE RELEASES
The following technology upgrade releases are planned for the following 6 to 12 months.
FUTURES (ASX24) MARKET
Release Type
Release
Functionality
Description
Technical
Go-Live
Business
Go-Live
16 Nov 2015
30 Nov 2015
9 Apr 2016
11 Apr 2016
ASX Trade24
Q4 2015 Release
Enhancement Deliverable
ASX Deliverable Swap Futures will
Swap Futures replicate an at the money 3 month
forward start swap on 3, 5 and 10 year
fixed for floating interest rate swap.
Note that this will be a soft launch with
minimal trading activity expected
initially due to customer readiness. We
are liaising with clients and market
makers regarding readiness and will
work together towards a full commercial
launch at a later date (in 2016, timing
TBC).
Notice reference number: 0247.15.03
New Trading Platform
Q2 2016 Release
Mandatory
New Trading
Platform
The New Trading Platform project will
deliver a replacement of ASX's primary
trading platforms ASX Trade and ASX
Trade24. ASX has partnered
with Cinnober who will customise
their TRADExpress product to be used as
the combined platform for both
markets. ASX Trade24 will be the first
phase.
Notice reference number: 0417.15.04
EQUITIES (ASX) MARKET
Release Type
Release
Functionality
Description
Technical
Go-Live
Business
Go-Live
The New Trading Platform project will
deliver a replacement of ASX's primary
trading platforms ASX Trade and ASX
Trade24. ASX has partnered
with Cinnober who will customise
their TRADExpress product to be used as
the combined platform for both
markets.
27 Sep 2016
29 Sep 2016
Description
Technical
Go-Live
Business
Go-Live
The T+2 project will reduce the
settlement cycle for Australian cash
equities from T+3 to T+2, including an
extension to the batch settlement cut
off time to 11:30am (from 10:30am).
7 Mar 2016
7 Mar 2016
May 2016
May 2016
(under
review)
(under
review)
New Trading Platform
Q4 2016 Release
Mandatory
New Trading
Platform
Notice reference number: 0417.15.04
CLEARING AND SETTLEMENT SERVICES
Release Type
Release
Functionality
CHESS
Q1 2016 Release
Mandatory
T+2
Notice reference number: 1367.14.11
For more information please refer to the
following link: www.asx.com.au/T2
Q2 2016 Release
Mandatory
FATCA
Regulation
Enable the flow of relevant FATCA
(Foreign Account Tax Compliance Act)
and CRS (Common Reporting Standard)
information through CHESS.
Notice reference number: 0852.15.07
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Enhancement mFund
Settlement
Service
The enhancement release includes:
The introduction of CHESS messages for
mFund unit transfers
May 2016
(under
review)
May 2016
(under
review)
Q2 2016
(TBC)
Q2 2016
(TBC)
30 Nov 2015
30 Nov 2015
New CHESS messages for the annual tax
statement
A change to the structure of the current
CHESS distribution statement message.
Allow distribution preferences to be
updated through Sponsoring Participant.
Allow Regular Payment Plans to be
maintained through Sponsoring
Participant.
A change to the recipient type for the
CHESS 716 message.
Notice reference number: 0852.15.07
Enhancement ASX
Collateral
CHESS
Extension of ASX’s existing centralised
collateral management service to
mobilise equities held in CHESS.
This release will involve the introduction
of a small number of new CHESS
message notifications to enable
integration with ASX Collateral.
Derivatives Clearing System (DCS)
Q4 2015 Release
Optional
MCM1.4.4e

TORESS Options
Introduction of Total Return Single Stock
options for both exchange listed and
Equity Flex Clear. Options will be cash
settled and provide cash
payments/transfers for ordinary
dividends.

Enhanced Client Protection
Support for FSS Enhanced Protection
Regulation.

Non-functional enhancements
Support for SQL 2012.
Reduction of permissions required to
run SOD.
Notice reference number: 0692.15.06
3/6
Q2 2016 Release
Mandatory
1.4.5 Part 2
MCM/DCS OI 1.4.5 – General Service
Release.
TBC
TBC
09 Nov 2015
09 Nov 2015
For more information on this release
see: ASX Derivatives Clearing System DCS and MCM 1.4.5 Technical
Description Overview.
Notice reference number: 0519.14.05
Note: The original go-live of April 2015
was deferred due to the need to meet
FSS Enhanced Protection
regulations. The key non-functional
elements of this release including
support SQL 2012 and reduction of
required permissions to run SOD are
included in MCM1.4.4e. The ASX is now
reviewing whether to proceed with the
remainder of this release at all given
that the majority of the demand was for
the aforementioned non-functional
elements.
Austraclear
Q4 2015 Release
Mandatory
ASX
Austraclear
System
Insourcing
Release 5
Release aligned with ongoing ASX
Austraclear System support being
transferred to ASX from NASDAQ OMX.
User interface enhancements and backend infrastructure upgrades.
Notice reference number: 0851.15.07
4/6
DIGITAL SERVICES
Release Type
Release
Functionality
Description
Technical
Go-Live
Business
Go-Live
This release will replace the existing
Participants section of ASX Online.
Q1 2016
Q1 2016
ASXOnline
Q1 2016 Release
Enhancement ASXOnline
Participants
Notice reference number: 0792.15.07
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ASX Mandatory Release Periods
ASX mandatory releases require all users and vendors to amend their applications that directly connect to the relevant
ASX service. ASX may require accreditation of each application either in entirety or to capture the scope of the
mandatory change.
ASX generally plans to implement no more than two Mandatory Releases [per service] per calendar year. These releases
will typically be around 6 months apart and may be scheduled to coincide with regulatory changes mandated by ASIC.
ASX may also need to schedule a Mandatory Release in the case of a critical production fault.
ASX may also implement one or more Enhancement Releases during the year. An Enhancement Release will not be
scheduled within four weeks of a Mandatory Release.
Release Terminology
Enhancement Release – Enhancement releases are incremental updates without the need for users to upgrade all
applications at the same time. This release is voluntary and enables users to prioritise business objectives and allocate
resources as required.
Mandatory Release – Mandatory releases are required to be implemented by all users and vendors to upgrade all
applications. A mandatory release may comprise any change, including improvements and corrections to the messaging
structure, logic (API in some instances) or content associated with the relevant system.
Informational – This is not a release, but more of an item to be noted. This functionality may potentially have an impact
as it is a change to existing business processes.
Technical Go-Live – Technical Go-Live is the date the release is installed into production. Functionality may be disabled
until Business Go-Live.
Business Go-Live – Business Go-Live is the date when the functionality is enabled in production.
Associated Releases
ASX has an ongoing commitment to conduct disaster recovery testing across all ASX platforms. Refer to the ASX Business
Continuity Management Testing Schedule on the Participants Welcome page on ASXOnline for more information.
COMMUNICATION
Detailed documentation on the scope, technical specifications and projected timeframes for individual Mandatory and
Enhancement releases will be provided by ASX no later than 90 days prior to the implementation date (unless required
to do otherwise by a regulator or regulatory obligation, or to resolve a critical production issue). ASX will confirm the
Go-Live date of each release by ASX Notice, generally at least two weeks prior to implementation (unless otherwise
agreed with stakeholders).
The trademarks listed below are trademarks of ASX. Where a mark is indicated as registered it is registered in Australia
and may also be registered in other countries. Nothing contained in this document should be construed as being any
licence or right to use of any trade mark contained within the document.
ASX®, CHESS®, Austraclear®, ASX Trade24®, LEPO®, ASX Trade®
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