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RBA Glossary definition for CHESS

CHESS – Clearing House Electronic Sub-register System. CHESS is a settlement system for Australian equities operated by ASX Settlement.

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The Environment for Innovation in the Australian Payments System | Strategic Review of Innovation in the Payments System: Issues for…

7 Jun 2011 Consultations
RITS also provides for other batch settlements during the day. Currently, the equities settlement system, CHESS, settles in this way; individual payment systems or networks can also use this facility, including
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/environment-innovation-australian.html

The Australian and Global Financial Systems

9 Apr 2020 FSR – April 2020
The CHESS system used by the ASX to clear and settle cash equities experienced processing delays during record trading volumes in March, but more than 99 per cent of trades still
https://www.rba.gov.au/publications/fsr/2020/apr/the-australian-and-global-financial-systems.html