ASX has published a consultation paper regarding short-term interest rate products. The purpose of the consultation is to review ASX’s current short-term listed product offering and identify possible alternative product opportunities, particularly in light of the recent RBA review and recommendation to move from 11 to 8 monetary policy meetings per year.
The consultation takes the form of a survey, which takes a maximum of 10 minutes to complete and includes invitation to provide feedback on the following topics:
· Tenor of contract
· Expiry date
· Minimum price movement
· Face value
The consultation is available here. The formal consultation period closes on 21 July 2023.
ASX welcomes feedback from all market users.
Respond to the survey by 21 July 2023.
Jennifer Eason,
Product Manager, Rates
Jennifer Eason,
+61 (02) 9227 1612
jennifer.eason@asx.com.au