Peter Hiom Leaves ASX and Will Join Motive Partners
- Hiom has more than two decades of experience working for financial brokers and exchanges in Sydney, Australia and London, UK.
Hiom, a well-known executive in the finance industry, has more than two decades of experience working for financial brokers and exchanges in Sydney, Australia and London, UK.
Peter Hiom, ASX’s Deputy Chief Executive, is leaving ASX on 1st July and will join Motive Partners as an industry partner.
According to a press release shared with Finance Magnates, Peter Hiom is exiting his position as Deputy Chief Executive at ASX, the Australian Securities Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, after serving the exchange for almost fifteen years. Additionally, Hiom was the Group Chief Executive of Business Development.
Hiom, a well-known executive in the finance industry, has more than two decades of experience working for financial brokers and exchanges in Sydney, Australia and London, UK.
Play a Part in Shaping the Industry’s Future
Commenting on the departure, Dominic Stevens, ASX Managing Director and Chief Executive, said: “Peter has made a significant contribution to Australia's financial markets over many years, first at SFE and then ASX, including the past 11 years as [Deputy Chief Executive].”
Stevens added, “Peter is a strong advocate for embracing new technology to deliver innovation and efficiency across our industry. This is best exemplified by his leadership of the investigation and adoption of distributed ledger technology to underpin the replacement of CHESS.”
ASX announced that its Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term replacement for CHESS is still planned to go live in April 2023. However, previously it had postponed this event for the period of two years. This responsibility has been passed on to group executive Tim Hogben who will be in charge of the CHESS replacement project.
“ASX has a long history of innovation in financial markets, and it has been a privilege to have been part of its journey. The company is well-positioned for the technology-driven opportunities ahead, and I thank our customers and everyone at ASX for their hard work and support over the years. These are exciting times in global financial markets, and I look forward to continuing to play a part in shaping the industry's future,” Hiom said.
Hiom, a well-known executive in the finance industry, has more than two decades of experience working for financial brokers and exchanges in Sydney, Australia and London, UK.
Peter Hiom, ASX’s Deputy Chief Executive, is leaving ASX on 1st July and will join Motive Partners as an industry partner.
According to a press release shared with Finance Magnates, Peter Hiom is exiting his position as Deputy Chief Executive at ASX, the Australian Securities Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, after serving the exchange for almost fifteen years. Additionally, Hiom was the Group Chief Executive of Business Development.
Hiom, a well-known executive in the finance industry, has more than two decades of experience working for financial brokers and exchanges in Sydney, Australia and London, UK.
Play a Part in Shaping the Industry’s Future
Commenting on the departure, Dominic Stevens, ASX Managing Director and Chief Executive, said: “Peter has made a significant contribution to Australia's financial markets over many years, first at SFE and then ASX, including the past 11 years as [Deputy Chief Executive].”
Stevens added, “Peter is a strong advocate for embracing new technology to deliver innovation and efficiency across our industry. This is best exemplified by his leadership of the investigation and adoption of distributed ledger technology to underpin the replacement of CHESS.”
ASX announced that its Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term replacement for CHESS is still planned to go live in April 2023. However, previously it had postponed this event for the period of two years. This responsibility has been passed on to group executive Tim Hogben who will be in charge of the CHESS replacement project.
“ASX has a long history of innovation in financial markets, and it has been a privilege to have been part of its journey. The company is well-positioned for the technology-driven opportunities ahead, and I thank our customers and everyone at ASX for their hard work and support over the years. These are exciting times in global financial markets, and I look forward to continuing to play a part in shaping the industry's future,” Hiom said.