Notice

BBSW Enhanced Methodology goes live on 7 December 2020

What's this about:
  • Benchmark Rates
  • Rates
  • Interest Rate Futures
  • OTC Cleared
  • Trading
  • Clearing
  • Settlement
  • Product
  • Market Data
  • Compliance
  • BBSW
  • BBSY
  • Benchmark
  • Administrator
  • VWAP
  • weighted LSR
  • methodology
  • trade reporting
  • BBSW guidelines
Notice reference number: 1629.20.12
Date published: 04/12/20
Effective as of: 07/12/20
Last updated: 04/12/20

Market participants and BBSW subscribers are advised that ASX will be going live with the enhanced BBSW Calculation Methodology effective 7th of December 2020, following the successful completion of the parallel run.

An industry wide parallel run began on 6th of November and will continue until 4th of December. The results of the parallel run are available on the benchmarks page (Under Benchmark enhancements). After consultation with the BBSW Advisory Committee, the decision was made to go live with the new methodology on 7th of December 2020, as scheduled and previously advised in notice #1408.20.11

The ASX BBSW Conventions and Methodology and ASX BBSW Trade and Trade Reporting Guidelines have been updated in accordance with the changes to the methodology.

What do I need to do by when?

No action is required.

Need more information?

Issued by

Luke Flory, Manager, ASX Benchmarks

Contact information

+61 (02)  9227 0577
benchmarks@asx.com.au

 

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