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ASX says new CHESS clearing system connected to all market operators ahead of open

April 20 (Reuters) - Australia's ASX ASX.AX on Monday said its new clearing system, Clearing House Electronic Subregister System (CHESS) Release 1, is connected to all approved market operators and is ready for market open later in the day.

The stock exchange operator said it will closely monitor the application throughout the day.

 (Reporting by Sneha Kumar in Bengaluru; Editing by Christopher Cushing)

 ((Sneha.Kumar@thomsonreuters.com;))

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