Participants are advised that amendments have been made to Schedule 3 (Prescribed Times) of the ASX Clear (Futures) Operating Rules Procedures Determinations and Practice Notes and Section 5.8 of the ASX Clear (Futures) OTC Handbook.
These changes are being made to facilitate the decommissioning of the cash functionality in the NZClear system by the Reserve Bank of New Zealand and reflect the use of SWIFT functionality to settle NZD margin movements via the High Value Clearing System administered by Payments New Zealand.
The changes to Schedule 3 and the OTC Handbook are detailed in the attached and will be effective from the 24th September 2018.
Participants should ensure they have familiarised themselves with the updated Schedule 3 and OTC Handbook.
Brendan Sweeney | Senior Manager, Post Trade Operations
Post Trade Operations
t: 1800 240 033 (+61 2 8298 8479) | e: email@example.com | f: +61 2 9256 0456