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
Perpetual has released its Q2 fund flows showing a fall back into outflows after a positive Q1, as well as an update on its planned deal with KKR.
Magellan has announced a raft of executive changes including the departure of head of investments Gerald Stack after 18 years and a second appointment from Maple-Brown Abbott.
Morningstar research of seven active Australian asset managers has found they are expected to see client redemptions averaging 3.1 per cent of their FUM per annum through to FY29, with two forecast to lose more than 10 per cent.
Franklin Templeton is to get rid of its Martin Currie branding and fold them into the wider group under ClearBridge Investments and Franklin Equity Group.
