Notice

ASX Trade – SR15 Industry Wide Testing and Go-Live Dates

What's this about:
  • ASX Market
  • Trading
  • Equities
  • Cash
  • Product
  • Operations
  • Technology
  • SR15
  • OSPA
  • stagger
  • CDE
  • ASX Trade
  • CDE+
  • Drop Copy
  • IWT
  • go-live
Notice reference number: 1315.24.11
Date published: 08/11/24
Effective as of: 12/04/25
Last updated: 08/11/24

ASX advises the timeline for Industry Wide Testing (IWT) and go-live for the SR15 Core Functional Enhancements and FIX Drop Copy Service, subject to regulatory approval.

FIX Order Entry and Market Data Feed (MDF) services will be out of scope for the initial release. These features will be enabled at a later date, details to be provided in a future announcement.

The IWT and target go-live dates for the release are as follows:

Event

Date

IWT 1

Saturday 12th April 2025

IWT 2  - ASX Trade BCP Test*

Saturday 03rd May 2025

Go-live Readiness

Saturday 10th May 2025

Go-Live

Monday 12th May 2025

*Link to ASX Trade BCP Market Notice

The production configuration for the initial SR15 release will include the following:

Core Functional Enhancements:

  • Removal of Open Auction stagger,
  • Introduction of the OSPA levelling period,
  • Introduction of the Post-Close trading session,
  • CSPA enhancement for late price sensitive announcements,
  • Simplification of block and late trades, and
  • Trading Halt session state enhancements

Optional Feature:

  • FIX Drop Copy Service for orders, trades and reference data

Industry Wide Testing

Participants and vendors will be required to participate in at least one IWT event. Participants will be required to attest at the completion of the IWT that they are able to successfully support the mandatory core functional enhancements in the production environment.

FIX Drop Copy

The FIX Drop Copy specification [Link] was published on 30th October 2024. Connectivity to the service in CDE+ will be made available in December 2024. FIX Drop Copy will only be available on the go-live date for participants that have completed development and conformance prior to the start of the IWT period.

FIX Order Entry and MDF Services

The specifications for FIX Order Entry and MDF are now targeted for release in Q1 2025, with a target go-live in production for these services in Q3 2025.

Customer Test Environments 

CDE+

FIX Order Entry and MDF services will be released into the CDE+ environment following the successful completion of the SR15 Go-Live.

CDE  

SR15 Core functional enhancements and FIX Drop Copy will be available in CDE environment following the successful completion of the SR15 Go-Live.

Need more information?

Issued by

Andrew Walton - General Manager, Trading

Contact information

Customer Technical Support
cts@asx.com.au | 1800 663 053 | +612 9227 0372

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