Participant
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AMO
Notice
ASX has operated a revenue sharing scheme for cash market clearing and settlement business since 1 January 2013, where all cash market clearing and settlement revenue earned by ASX above an annual growth threshold will be shared 50/50 between ASX and its cash market clearing and settlement participants.
The annual growth threshold was originally set at 0% and is reviewed annually. ASX confirms that the threshold will continue to be 0% for the 2024/2025 financial year (FY25). That means that 50% of any growth in each of total cash market clearing and cash market- settlement revenue compared to FY24 revenue will be returned to customers.
The scheme operates on the following principles:
- The annual growth threshold will be applied to the total ASX cash market clearing revenue and total ASX cash market settlement revenue. No individual participant growth thresholds are required. All participants are eligible to participate in the scheme.
- The total amount to be shared with participants will be distributed proportionate to each individual customer’s revenue contribution.
- All payments will be made annually in arrears.
Details of the gross outcome of the revenue sharing scheme are made available in ASX’s full year financial results.
What do I need to do by when?
This notice is for the information of clearing and settlement participants.
Need more information
Issued by
Clive Triance
Group Executive, Securities and Payments
Contact information
Stephen Hammon
General Manager, Commercial & Finance
Securities and Payments
Phone: +61 9227 0260
Email: stephen.hammon@asx.com.au