Chi-X Australia Issues With ASX Trade Acceptance Service
Chi-X advises that ASX has confirmed acceptance of all pending trades and the ASX Trade Acceptance Service has returned to normal operation. We confirm that there has been no interruption to trading on the Chi-X market. When we receive an explanation of the cause of the problem from ASX we will provide further details to participants.
Chi-X have been advised by ASX that they have determined the cause of the problem and are making appropriate changes. We expect all trades to flow through normally shortly after midday today.
ASX and Chi-X are continuing to investigate the matter. At this stage investigations by both ASX and Chi-X indicate that the trade messages sent by Chi-X to ASX’s Trade acceptance Service are properly formatted. ASX is currently investigating why the messages are being rejected.
Chi-X is currently experiencing issues with the ASX Trade Acceptance Service, trades executed on the Chi-X market are currently being rejected.