Notice

ASX 24 Operating Rules and Procedures Change – Procedure 3200 and 3210

What's this about:
  • ASX 24 Market
  • Trading
  • Operations
  • Rules
  • Compliance
  • Repricing
  • re-pricing
  • price
  • cancel
Notice reference number: 0936.17.09
Date published: 07/09/17
Effective as of: 09/10/17
Last updated: 08/09/17

In response to recent market feedback a change will be made to the following Procedures of the ASX 24 Operating Rules:

  • Procedure 3200.8 – Exceptions to application of Rule 3200

  • Procedure 3210.7 – Exceptions to application of Rule 3210

What's changing?

The change will allow the Market Operator to re-book a trade in a Market Operator Defined or User Defined Strategy where the trading platform has generated leg prices that are not a true reflection of current market levels. The request for the re-booking must be made by an Authorised Signatory of an ASX 24 Market Participant and be received on the same trade date as the trade.

The trade will be re-booked at the Market Operator’s discretion and only where the net price is maintained and there is not more than two counterparties to the trade. 

Rebooking Notice Attachment

What do I need to do by when?

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

Effective date

These changes become effective from 9 October 2017.

Need more information?

View more information in the following attachments:

  • Exceptions to application of rule 3200 and 3210 Procedure change

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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