June 5 (Reuters) - Australia's bourse operator ASX Ltd (ASX.AX) said on Monday it had submitted a special report for its Clearing House Electronic Subregister System (CHESS) software to the country's corporate regulator and the Reserve Bank of Australia. The report outlines details about the operator's arrangement to support and maintain CHESS to ensure it remained operational until a replacement is implemented. In December, the Australia Securities and Investments Commission along with the central bank, ordered ASX to submit a report ensuring stability of its trading system after a failed attempt by the bourse operator to replace its ageing software. The platform has been in need of an upgrade after many incidents of glitches, including one in November 2020 when an issue in the new equities trading platform halted trading for 20 minutes on the day it went live. Reporting by Navya Mittal in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

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Persons: Navya Mittal, Rashmi Organizations: Reserve Bank of Australia, Australia Securities, Investments, bourse, IT, Thomson Locations: Australia's, Bengaluru