Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

ASX employee tests positive for COVID-19

ASX/ASX-200/covid-19/coronavirus/stockmarket/

16 March 2020
| By Chris Dastoor |
image
image image
expand image

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

4 weeks ago

So we are now underwriting criminal scams?...

7 months ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

3 weeks 2 days ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

3 weeks 6 days ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

1 week 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND