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ClearStar Program

The ClearStar Program is a portfolio of projects established to modernise the technology and processes underpinning ASX’s OTC Derivatives and Futures Clearing services.

The ClearStar Program provides the governance and oversight for the ETD Futures Clearing Replacement Project. Additional projects will include Pricing, Margining, Collateral and ETOs. As part of the ClearStar Program, the following projects have been delivered:

  1. OTC Clearing Project (Calypso Upgrade): Upgrade of the OTC clearing platform from Calypso v13 to v18, delivered on Monday 26 May 2025. This represented a like for like change in terms of participant interaction with services.
  2. ETD TradeAccept Replacement Project: Replacement of the off market trade reporting platform, TradeAccept, with a modernised, participant co designed solution, delivered on Monday 22 June 2026.

 

Objectives

Stable foundations

Stable foundations
Stable CCP operation with simplified, modern technology

  • Buy-down significant risks to critical technology
  • Buy-down technology debt to reduce cost of change
  • Meet regulatory obligations
Customer experience

Sustainable growth
Establish a platform for sustainable shareholder value

  • Uplift delivery capability to reduce risk and cost
  • Increase transparency for regulators and participants
  • Increase capital efficiency for technology investments
Sustainable growth

Customer experience
Work effectively with our customers
 

  • Improve customer experience 
  • Remove manual process-related costs and defects
  • Drive increased standardisation to enable growth

Projects

ClearStar Program Committee

The ClearStar Program Committee acts as a stakeholder forum for consultation and input on projects to replace and transform the systems and technology that underpin ASX derivatives clearing services (ClearStar Program).

Roadmap

The following is an indicative roadmap subject to consultation, inputs and further planning.

Note: ASX delivery includes architecture / design, build, integration, data, cloud, vendor and test activities.

ClearStar Program - All Projects View roadmap