ASX employee tests positive for COVID-19
An employee from the Australian Securities Exchange (ASX) has tested positive to COVID-19 and the organisation has entered its business continuity plan (BCP), while normal market operations will not be disrupted.
In line with ASX policy and the recommendations of health authorities, the employee self-isolated as soon as symptoms were displayed and would remain at home for a period of 14 days.
Approximately 20 ASX employees had close contact with the employee, and are also self-isolating and working from home for a fortnight.
The employee was based at ASX’s Bridge Street office in Sydney, where a deep clean took place over the weekend, and they had had no recent close contact with third parties including ASX customers or partners.
The ASX had instructed, as part of its BCP, employees from various sites including Bridge Street, the Australian Liquidity Centre, secondary data centre, and interstate and overseas offices to work remotely until further notice.
Only a group of core employees identified in the BCP would remain on ASX sites to manage ongoing market functions, mainly in technology, operations and surveillance areas.
AUTHOR
Chris Dastoor
Recommended for you
Australian equities manager Datt Capital has built a retail-friendly version of its small-cap strategy for advisers, previously only available for wholesale investors.
The dominance of passive funds is having a knock-on effect on Australia’s M&A environment by creating a less responsive shareholder base, according to law firm Minter Ellison.
Morningstar Australasia is scrapping its controversial use of algorithm-driven Medalist ratings in Australia next year and confirmed all ratings will now be provided by human analysts.
LGT Wealth Management is maintaining a neutral stance on US equities going into 2026 as it is worried whether the hype around AI euphoria will continue.
