Cboe AST Business Continuity Plan


On Sep. 5, Cboe AST issued notice on business continuity plan event.


  • Cboe AST published a notice on the Oct. 14 business continuity plan (BCP) event.
  • BCP Event
  • Cboe AST will focus on failover from Primary data center (Equinix SY5) to Backup data center (Global Switch) including backend matching engine, order entry connections.
  • Notes that the event is relevant to Cboe AST participants/vendors present at Global Switch, multicast market data clients will receive market data flow during the test.
  • Also that trades performed during the test will not flow to CHESS, Cboe AST will not generate orders/trades during the test to be conducted from 8:45 to 12:45 (AEDT).
  • Those who wish to participate the event should email a request by Oct. 13, 2023.
  • Mar. 2024 BCP Event
  • On Mar. 22, 2024, Cboe AST arranged another BCP event to take place May 4, 2024.
  • On failover from primary to standby instances in the Equinix SY5 data center and to provide an opportunity for testing against the new ASX cancel only session state.
  • All multicast market data clients will receive market data flow during the tests on May 4, need to ensure that their systems handle/ignore the market data flow accordingly.
  • Trades performed during the test will not flow to CHESS, Cboe AST will not generate orders/trades during the test to be conducted from 8:45 to 13:45 (AEDT).
  • Those who wish to participate the event should email a request by May 3, 2024.
  • Apr. 2024 Event Reminder
  • On Apr. 16, 2024, Cboe AST issued reminder of BCP event, dress rehearsal is planned for Apr. 19, to ensure systems interact correctly with ASX cancel only session state.
  • Clients are required to ensure systems can handle and appropriately ignore market data flow during the tests; participation requests should be emailed by May 3. 2024.
  • Sep. 2024 BCP Event, 2025 Dates
  • On Sep. 2, 2024, Cboe AST said it will perform a BCP event to failover from primary instances in Equinix SY5 data centre to backup instances in Global Switch data centre.
  • It is only relevant to participants and vendors who have a presence at Global Switch.
  • However, all Multicast Market Data clients will receive market data flow during these tests, so will need to ensure their systems handle the market data flow accordingly.
  • This BCP event will be done on Oct. 19, 2024; Cboe AST has also proposed two dates for BCP and disaster recovery events in 2025 - May 3, 2025 and Oct. 18, 2025.
  • Oct. 2024 BCP Event Reminder
  • On Oct. 1, 2024, Cboe AST issued a reminder for the BCP event on Oct. 19, 2024, to failover from primary instances to backup instances in Global Switch data centre.
  • Cboe AST reiterated that it applies to participants and vendors who have a presence at Global Switch, but Multicast Market Data clients need to ensure their systems handle the market data flow accordingly; and the testing timetable is also provided.
  • Requests to participate must be submitted by end of business on Oct. 18, 2024.

Regulators Cboe AST
Entity Types B/D; Corp; Depo; Exch
Reference Nt 0021-24, 10/1/2024; Nt 0018/24, 9/2/2024; Nt 0004/24, 4/16/2024; Nt 0002/24, 3/22/2024; Nt 0012/23, 9/5/2023
Functions BCS; Compliance; Operations; Risk; Technology; Trade Reporting; Trading
Countries Australia
Category
State
Products Corporate; Derivatives; Issuance/IPO; Securities
Regions AP
Rule Type Final
Rule Date 9/5/2023
Effective Date 10/18/2024
Rule Id 184015
Linked to N/A
Reg. Last Update 10/1/2024
Report Section International

Last substantive update on 10/03/2024