Notice

Response to consultation on proposed changes to ASX 24 Trade Cancellation Policy

What's this about:
  • ASX 24 Market
  • Equity Derivatives
  • Commodities
  • Rates
  • Interest Rate Futures
  • Trading
  • Product
  • Operations
  • Technology
  • Rules
  • Compliance
  • Risk
  • ASX 24
  • QCR
  • ETR
  • Electricity
  • Trade Cancellation Policy
  • response
  • Show more
Notice reference number: 1123.22.10
Date published: 14/10/22
Effective as of: 28/11/22
Last updated: 14/10/22

Today ASX released a response paper to the December 6 2021 consultation paper on proposed changes to the ASX 24 Cancellation Ranges: Proposals for Change to Energy Products and QCR Process.

Six written submissions were received in response to the consultation and ASX would like to thank those who have provided feedback. ASX also held bilateral meetings with some parties to better understand their views.

Based on the feedback received, ASX will be making the following changes to the ASX 24 Rules and Procedures with effect 28 November 2022:

  • Amend the Extreme Trade Range (ETR) for Base Load Electricity Cap products
  • Amend the consent time for Qualifying Cancellation Range (QCR) requests from 5 to 10 minutes

The response paper can be accessed here.

What do I need to do by when?

ASX 24 Participants should familiarise themselves with the changes outlined in the response paper.

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
E Commodities@asx.com.au

Issued by

Ben Jackson - General Manager Market Operations

Contact information

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