Notice

ETO Special Size changes – EVN

What's this about:
  • ASX Market
  • Trading
  • Clearing
  • Product
  • Operations
  • Technology
  • Market Data
  • Rules
  • Compliance
  • Risk
  • Special Size
  • EVN
Notice reference number: 0089.25.02
Date published: 03/02/25
Effective as of: 10/02/25
Last updated: 03/02/25

ASX is introducing Special Size crossings on EVN (Evolution Mining Ltd) as of 10 February 2025.

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 one ETO Class is appropriate. The introduction of special size on the ETO Class will occur on Monday, 10 February 2025.

The ETO Class whereby Special Size crossings will be introduced are:

-       EVN (Evolution Mining Ltd)

Summary of the new Special Size levels:

Name

ASX Code

Min. MM Quote Size (lots)

Special Size Level (lots)

Evolution Mining Ltd

EVN

400

6,000

 

A full list of ETO Class Special Size levels can be found at:

https://www2.asx.com.au/content/dam/asx/participants/derivatives-market/equity-derivatives/special-size-thresholds.pdf

Note: The ETO Class will be updated on the pdf on 3 February 2025.

What do I need to do by when?

Participants and end users should familiarise themselves with the Special Size changes and make any necessary process changes to accommodate the introduction.

Need more information?

Issued by

Gregory Pill – Head of Equity Derivative Products

Contact information

Gregory Pill
+61 (02) 9227 0696
greg.pill@asx.com.au

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