ASX participants and users were advised via market notice 0555.21.04 of ASX’s plan to trial the removal of Special Size crossings on NEW ETO Classes. The trial period for the removal of Special Size crossings for new ETO Classes proved successful and is now part of ASX’s ongoing ETO listing policy.
As part of the policy, ASX reviews how new ETO Classes are performing to determine if any have reached a liquidity metric that supports the introduction of Special Size crossings.
ASX has completed a review and determined that the introduction of Special Size crossings on four ETO Classes is now appropriate. The introduction of special size on the ETO Class will occur on Thursday, 1 May 2025.
The ETO Class whereby Special Size crossings will be introduced are:
- JBH (JB Hi-Fi Ltd)
- PDN (Paladin Energy Ltd)
- TLC (Lottery Corporation Ltd)
- ZIP (Zip Co Ltd)
Summary of the new Special Size levels:
Name |
ASX Code |
Min. MM Quote Size (lots) |
Special Size Level (lots*) |
Value threshold ($) |
JB Hi-Fi Ltd |
JBH |
50 |
750 |
$500k |
Paladin Energy Ltd |
PDN |
100 |
1,500 |
$500k |
Lottery Corporation Ltd |
TLC |
200 |
3,000 |
$500k |
Zip Co Ltd |
ZIP |
500 |
7,500 |
$1 million |
*Subject to min. $50k premium
A full list of ETO Class Special Size levels can be found at:
Note: The new ETO Class Special Size levels will be updated on the pdf on 1 May 2025.
Participants and end users should familiarise themselves with the Special Size changes and make any necessary process changes to accommodate the introduction.
Gregory Pill – Head of Equity Derivative Products
Gregory Pill
+61 (02) 9227 0696
greg.pill@asx.com.au