ASX Austraclear Resumes Normal Settlement After Central Bank Fix

The Australian Securities Exchange in Sydney.

Photographer: Brendon Thorne/Bloomberg

ASX Ltd. said transactions processed through Austraclear — a platform for wholesale debt securities settlement — returned to normal after the Reserve Bank of Australia fixed its payment system.

The central bank had earlier said a temporary outage in RITS — a system that allows banks to settle their debt payment obligations in real-time — was needed to resolve the issue, according to an updateBloomberg Terminal on the ASX website.

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