From July 2014 ASX will offer a client account structure that will enable a Clearing Participant to offer their Clients an account that provides separate identification and protection of individual Client positions and associated initial margin value, in addition to the current net omnibus client account.
Further details on the service offering, including the specific account types that will be available, can be found in the Futures Client Clearing FAQs document on the ASX website.
Industry Wide Testing
ASX will be conducting Industry Wide Testing (IWT) of the ASX Clear (Futures) Client Clearing Service for ASX 24 Exchange Traded Derivatives (“ETD”) from Monday 26th May 2014 until 30th June 2014. This is to provide prospective users of the ASX Clear (Futures) Client Clearing Service for ASX 24 ETD and, where required, their prospective Client Protection Model (CPM) Clients or Nominated Persons with the opportunity to confirm their internal readiness (i.e. system configuration, risk management processes, operational processes and procedures), to utilise the Client Clearing Service.
Further details on the IWT schedule, including specific testing scenarios that will be covered through IWT can be found in the IWT Briefing Document below.
If you are a Clearing Participant who is not participating in the IWT and have an interest in testing the ASX ETD Client Clearing, please contact Ben Symonds (contact details) listed below.
IWT Documentation and Training Material
IWT Briefing Document
Test Bed Static Configuration Document
External Reporting Specification Document
SFTP User Guide
Static Data Portal External User Guide
Webinar - Static Data Portal External Training (ARF 56MB; download the free WebEx Player to view)
Webinar - Static Data Portal External Training (WMV 150MB)
Forms for submission
ASX Client Clearing Documentation
Please refer to the ASX Clear (Futures) page for further details on the Client Clearing service offering, including Amendments to the Operating Rules, Consultation Papers, Client Clearing Fact sheets and Client Clearing FAQs.
Please see the above Test Bed Static Configuration Document for full details on the technical and operational requirements for participating in the ETD Client Clearing IWT.
|IWT Cycle One||26th May – 6th June 2014|
|IWT Cycle Two||16th June – 30th June 2014|
|IWT Completion Sign off||4th July 2014|
|Operational Readiness Attestation||Prior to Client on-boarding|
|Client on-boarding||From 1st July 2014|
|Service Go-live||14th July 2014|
|ASX ETD Client Clearing Emailemail@example.com|
|ASX ETD Client Clearing Manager||Ben Symonds
Tel: +61 (0) 2 9227 0474
|ASX ETD Client Clearing IWT Co-ordinator||Kirk Emans
Tel: +61 (0) 2 9227 0203
|General Manager, Derivatives and OTC Markets||Rohan Delilkhan
Tel: +61 (0) 2 9227 0115
* Available 08:00 – 18:00 AEDST during IWT.