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
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.
Participants should ensure they have familiarised themselves with the updated ASX 24 Operating Rules and Procedures.
These changes become effective from 9 October 2017.
View more information in the following attachments:
Ben Jackson – General Manager, Market Operations
Trading Operations
1300 655 560, +612 9256 0677
tradingoperations@asx.com.au