Search: CHESS
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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Innovation and Technological Change in Financial Intermediation and the Payments System | Supplementary Submission to the Financial System…
13 Jan 1997
Submissions
In Australia these systems include Austraclear (for public and private sector debt securities), CHESS (for equities) and RITS (for Commonwealth Government securities).
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-supplement-1997/innovation-and-technological-change-in-financial-intermediation.html
Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
The funds payments associated with cash equity transactions that settle in ASX Settlement are settled in RITS in a multilateral net batch at around noon each day (known as the CHESS
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html