Notice

ASX and ASX 24 – Operating Rules Procedures Changes – Procedure 3200 – Request for Cancellation

What's this about:
  • ASX 24 Market
  • ASX Market
  • Trading
  • Operations
  • Rules
  • Compliance
  • Equities
  • Exchange Traded Products (ETP) & mFund
  • Debt Instruments
  • Futures
  • Options & ETOs
  • Commodities
  • Interest Rate Futures
  • OTC Cleared
  • QCR
  • Rule Change
  • Procedures
  • time
  • notification
  • Show more
Notice reference number: 0256.17.03
Date published: 15/03/17
Effective as of: 20/03/17
Last updated: 15/03/17

In response to recent market feedback and submissions to ASX public consultation papers a change will be made to the notification requirements of the ASX and ASX 24 cancellation policy.

What's changing?

The notification time to advise ASX by telephone of the initial cancellation request for Qualifying Cancellation Range (QCR) trades will be extended from 10 minutes to 30 minutes.

The 30 minute notification time will be applicable to all ASX and ASX 24 products.

Please note the procedure where ASX will not facilitate a request to cancel a trade when greater than 10 minutes has elapsed since the close of the relevant trading day remains unchanged.

 

What do I need to do by when?

Participants should ensure they have familiarised themselves with the updated ASX and ASX 24 Operating Rules Procedures.

Effective date

These changes become effective from 20 March, 2017.

Need more information?

View more information in the following attachments:

Issued by

Ben Jackson – General Manager, Market Operations

Contact information

Trading Operations
1300 655 560, +612 9256 0677
tradingoperations@asx.com.au

 

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