{"id":210716,"date":"2025-12-02T03:33:09","date_gmt":"2025-12-02T03:33:09","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/210716\/"},"modified":"2025-12-02T03:33:09","modified_gmt":"2025-12-02T03:33:09","slug":"fundies-call-for-asx-to-face-penalties-for-tech-outages-capital-brief","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/210716\/","title":{"rendered":"Fundies call for ASX to face penalties for tech outages \u2014 Capital Brief"},"content":{"rendered":"<p>The <b>ASX<\/b> should face penalties or provide compensation for outages to its core services, top fund managers say, as the fallout from its latest tech glitch this week continues to reverberate in the market.<\/p>\n<p>Speaking to Capital Brief, <b>Investors Mutual<\/b> senior portfolio manager <b>Hugh Giddy<\/b> said the ASX\u2019s <a href=\"https:\/\/www.capitalbrief.com\/briefing\/asx-investigating-outage-in-company-announcements-74e1b997-eb36-41a6-8bdd-2c28d98045c8\/#6bf814ac-ce3c-4f0f-bc8f-641e5139c71d\" rel=\"nofollow noopener\" target=\"_blank\">latest outage<\/a> on Monday affecting company announcements was for a simple business as procedure and \u201chow they can\u2019t do the basics eludes me\u201d.<\/p>\n<p>Giddy said the outage was a big issue for <b>Metcash<\/b>\u2019s <a href=\"http:\/\/year\" rel=\"nofollow\">half-year results<\/a> as analysts and investors did not have its presentation prior to and during its investor call.<\/p>\n<p>\u201cThey pay listing fees and for every trade made the ASX gets money. In return, they should offer a reliable service,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"The ASX should face penalties or provide compensation for outages to its core services, top fund managers say,&hellip;\n","protected":false},"author":2,"featured_media":210717,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[115217,79,179,18,18131,19,17,188],"class_list":{"0":"post-210716","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-asxasx","9":"tag-business","10":"tag-economy","11":"tag-eire","12":"tag-financial-services","13":"tag-ie","14":"tag-ireland","15":"tag-markets"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115647873251959909","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/210716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=210716"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/210716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/210717"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=210716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=210716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=210716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}