Notice

ASX Clear Cash Market Margining (CMM) Parameters

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Risk
  • Equities
  • Exchange Traded Products (ETP) & mFund
Notice reference number: 1216.24.10
Date published: 22/10/24
Effective as of: 30/10/24
Last updated: 22/10/24

ASX Clear has revised the Flat Rate margin parameters for Cash Market Margining products.

The changes to the Flat Rate margin parameters are outlined in Appendix 1.

1. Flat rate percentages were recalibrated based on price movements for each individual security.

2. Three securities (FCL, MAD & HMC) were removed from the Flat Rate margin group and included in the HsVaR margin group, due to sufficient accumulated 5-year price histories.

What do I need to do by when?

ASX will be implementing the new margin parameters based on end of day positions on 30 October 2024, Wednesday for margins settled on 31 October 2024, Thursday.

The full list of margin parameters can be found in Appendix 2.

Need more information?

Issued by

Clearing Risk Oversight

Contact information

Email: CROversight@asx.com.au

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