The Australian Securities Exchange (ASX) has reached an agreement with LSEG Markets Technology to upgrade the ASX 24 trading platform. This partnership aims to bolster the growth and resilience of the venue, which serves as a primary hub for Australian and New Zealand interest rate, equity, and commodity derivatives. By leveraging LSEG’s global experience with Tier-1 markets, the exchange seeks to maintain its standing as a stable, highly liquid environment for a diverse trading community.
Under the terms of the deal, LSEG will implement a high-performance, low-latency system designed to enhance speed and capacity. The primary focus of the upgrade is to reduce operational risk while providing the agility required to expand product sets and meet the demands of sophisticated derivatives trading. This technical foundation is expected to support long-term improvements in market transparency and liquidity.
Implementation will begin immediately, with both organisations collaborating throughout 2026 on platform design, rigorous testing, and participant migration. This phased approach is intended to ensure a seamless transition for the market ecosystem. Once complete, the new infrastructure will underpin one of the world’s most active interest-rate derivatives markets, ensuring it remains competitive in a global landscape.
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