Clearing and Settlement of Cash Equities in Australia

Consultation on the Draft Code of Practice

On 10 April 2013, ASX released a draft Code of Practice for Clearing and Settlement of Cash Equities in Australia (draft Code) for public consultation. The consultation period closed on 8 May 2013.

ASX has been working with customers, other industry stakeholders and Australian regulators on the development of the Code.  A range of consultation meetings were held with interested stakeholders in Melbourne and Sydney throughout April and early May.

Industry briefings were held on 17 April 2013 in Sydney and 22 April 2013 in Melbourne.

Consultation roundtables were held with members of the Australian Financial Markets Association (AFMA) in Sydney on 29 April 2013 and with members of the Stockbrokers Association of Australia (SAA) in Sydney on 6 May 2013.

ASX is currently considering the feedback provided by stakeholders on the draft Code through the consultation process.  The revisions to the draft Code following the consultation process will be publicly released prior to the commencement of operation of the Code of Practice for Clearing and Settlement of Cash Equities in Australia in August 2013.

Key Documents