Market Participants are advised that the changes to ASX 24 Procedures to align with the functional changes being delivered in ASX 24 Service Release 4 (ASX 24 SR 4) for the Bond Futures contracts are published in this Market Notice.

The changes come into effect for the March 2025 bond roll, at 5.10pm 10 March 2025 (Trade Date 11 March 2025), subject to customer readiness.  A Market Notice confirming go-live will be published week commencing 24 February 2025. 

The functional changes are:

1.     Delink the Bond Futures (3, 5, 10 and 20 year) contracts outright market from the calendar spread market during the week of the Roll Period. The Roll Period, for the purpose of the tick increment changes, is defined at the 8^th of the expiry month (Trade Date 9^th to the 15^th of the expiry month), or next business day, if the 8^th is not a business day.

2.     Keep the tick increments in the outright contracts during the Roll Period at the non-roll (wider) increments, while supporting the narrower tick increments during the Roll Period in the calendar spreads (roll) market only.

Please refer to the attached for the Procedure changes.

ASX 24 SR4 also delivers defect fixes.  Customer impacting defect fix that prevents saving changes to TPL Setting Group when it references a non-existent segment has been resolved.

What do I need to do by when?

This Notice is for information only.

Need more information?

Issued by

Kristye van de Geer, Senior Product Manager, ASX 24

Contact information

Kristye van de Geer
+61 (02)  9227 0130
Kristye.vandegeer@asx.com.au

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