Consultation Paper on the ASX 24 Trade Cancellation Policy

What's this about:
  • ASX 24 Market
  • Equity Derivatives
  • Futures
  • Options & ETOs
  • Energy
  • Grains
  • Commodities
  • Interest Rate Futures
  • Trading
  • Compliance
  • Operations
  • Product
  • Risk
  • Rules
  • Technology
  • ASX 24
  • QCR
  • ETR
  • Electricity
  • Trade Cancellation Policy
Notice reference number: 1770.21.12
Date published: 06/12/21
Effective as of: 06/12/21
Last updated: 06/12/21

On 6 December 2021, ASX released the consultation paper ASX 24 Cancellation Ranges: Proposals for Change to Energy Products and QCR Process:

In summary ASX will be looking for feedback on:

  • Cancellation ranges that are currently prescribed under section 3200.9 of the ASX 24 Operating Rules Procedures in the Electricity Market Base Load Cap products
  • The consent time for QCR across all ASX 24 products moving from 5 minutes to 10 minutes
  • Any additional aspects of the Cancellation Process that Participants are looking to raise with ASX

ASX invites submissions on the options set out in this paper as well as any alternative approaches that market users may wish to raise for consideration. ASX welcomes feedback on the options individually and in combination.

The paper can be accessed here or by clicking on the link above.

What do I need to do by when?

Written submissions in response to the consultation paper are requested by 31 January 2022.

Need more information?

For general enquiries, please contact:

Brendan Sweeney
Senior Manager - Trading Operations
T: 02 9227 0299

ASX Commodities Team – Derivatives and OTC
T: 02 9227 0900

Issued by

Ben Jackson - General Manager Market Operations 

Contact information

Trading Operations
T: 1300 655 560 (+61 2 9256 0677)