ASX Limited (ASX) is removing the “ST” and “STLT” condition codes from Procedure 3500 of the ASX Operating Rule Procedures. ASX is removing these condition codes on the basis that these codes are not able to be utilised by Participants, given that the making of “off market” stabilisation trades is not permitted under the terms of the ASX Stabilisation Agreement.
ASX considers that this change to the Procedures is non-substantive and does not impact existing practice, rights or obligations of ASX or its participants.
This change is to become effective from 11 March 2024.
The change to the Procedures is attached to this notice for reference:
No action required.
Should you have additional queries, please contact us using the details provided below for further information.
Ben Jackson, GM, Market Operations
Ben Jackson, GM, Market Operations
+61 (02) 9227 0897
ben.jackson@asx.com.au