Notice

ASX Trade24 Operating Rules Procedures - Rule Amendments / Changes

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Notice reference number: 0800.16.07
Date published: 08/07/16
Effective as of: 08/08/16
Last updated: 08/07/16

Please be advised from Monday 8 August 2016, ASX will be implementing a number of changes to the ASX Trade24 Operating Rule Procedures. The products impacted by the changes include:

  • Mini SPI 200 Index Futures

  • Australian Electricity Futures and Options

  • Eastern Australian Feed Barley Futures and Options

What's changing?

The following changes to the ASX Trade24 Operating Rule Procedures will be effective on Monday 8 August 2016:

  • An expansion of the AOT range on the Mini SPI 200 Futures from 0.5% to 1%. This change is to reduce the number of Regulatory Halts which occur in this contract.

  • An expansion of the No Cancellation Range (NCR) for the Australian Base Load Electricity $300 Cap Futures from 1.5% to 3% and Qualifying Cancellation Range (QCR) lower limit from >1.5% to >3%. This change is as a result of market feedback.

  • A contraction of the QCR upper limit for the Australian Base Load Electricity Strip Futures from <15% to <12% and Extreme Trade Range from >15% to >12%. This change is as a result of market feedback.

  • An amendment to “Applicable Agreement Hours” for Australian Electricity Futures and Options block trades. This reflects the recent change in trading hours for these contracts.

  • An amendment to the contract specifications of the Eastern Australia Feed Barley Futures and Options. This amendment will provide consistency with the contract specifications of the other Grains Futures and Options.

Further information on the amendments and changes can be found in the attached marked up version of the ASX Trade24 Operating Rule Procedures.

 

What do I need to do by when?

Customers should ensure they have familiarised themselves with the updated ASX Trade24 Operating Rule Procedures.

Effective date

These changes become effective from 8 August, 2016.

Need more information?

View more information in the following attachments:

Issued by

Ben Jackson - General Manager, Market Operations

Contact information

Trading Operations
1300 655 560, +612 9256 0677
tradingoperations@asx.com.au

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