ASX CEO Aims to Expedite One-Day Settlement

New ASX CEO Anthony Attia plans to consult market participants and regulators on accelerating Australia's transition to a one-day trade settlement cycle, following peers in the US and Europe.

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Anthony Attia, Chief Executive Officer of the Australian Securities Exchange (ASX), poses at their headquarters in Sydney, Australia, October 14, 2026. REUTERS/Hollie Adams

ASX LTD CEO Anthony Attia wants to accelerate cash equity settlement to one day in Australia. The operator previously shelved T+1 plans to prioritize an A$445 million technology overhaul following outages. A faster settlement cycle aligns the exchange with global peers in the United States.

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