Clearing House Electronic Subregister System

Clearing House Electronic Subregister System
( CHESS)
CHESS is the automatic transfer and settlement system for the majority of Australian Stock Exchange ( ASX) listed securities. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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Look at other dictionaries:

  • Clearing House Electronic Subregister System - CHESS — A computer system operated by the Australian Stock Exchange (ASX) that facilitates the transfer of a security s legal ownership from a seller to a buyer and also any monetary transactions between the two parties. In the ASX, the Clearing House… …   Investment dictionary

  • Australian Clearing House and Electronic Sub-register System — The Australian Clearing House and Electronic Sub register System (commonly abbreviated to CHESS) is an electronic book entry register of holdings of approved securities that facilitates the transfer and settlement of market transactions between… …   Wikipedia

  • Financial system in Australia — The Australian financial system has several distinct sectors: * Banks, credit unions and building societies * Insurance (life and general) * Superannuation * Financial markets debt, equity and derivative markets * Payments systems cash, cheques,… …   Wikipedia

  • CHESS — See: Clearing House Electronic Subregister System …   Financial and business terms

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