Austraclear is the sole Central Securities Depository (CSD) of Debt Securities in Australia and offers participants true Delivery versus Payment (DvP), exchanging cash for securities irrevocably and in real-time.
Licensing and regulation
The Austraclear Limited Clearing and Settlement Facility is licensed by ASIC under the Corporations Act 2001 and is regulated by the Reserve Bank of Australia in relation to Financial Stability Standards for Clearing & Settlement Facilities.
The Austraclear System is governed by the Austraclear System Regulations , the operating rules for the facility which are approved under the Corporations Act.
In addition, Austraclear's Procedures Determinations and Practice Notes document describes procedural and interpretive matters to facilitate use of the Austraclear System.
The Austraclear System
In 2006 Austraclear launched a next generation System that positions the market and its participants for increased processing efficiencies, future product expansion and improved direct access.
ASX Austraclear is pleased to provide its customers with the latest issue of Austraclear Insight. Austraclear Insight is a quarterly newsletter that will provide the broader community of Austraclear Participants, Issuers, Wholesale Debt Issue Arrangers and Legal Advisers with updates on System functionality, existing and new services and more general aspects of the Austraclear System’s structure.
Austraclear provides free online training through the AClear Education program.
AClear Education offers choice - being online it is flexible, fast and convenient, and allows you to take as many courses as you wish, in any subject you wish, whenever you wish - at the office or at home, 24 hours a day, seven days a week.
The program includes:
Products and services
ASX Austraclear products and services include:
Participant Help (FAQ)
This section has been designed to help answer some of the questions Participants ask on a regular basis:
Becoming a Participant
There are four classes of Austraclear Participant:
Technical connection alternatives
There are a number of options available to connect to the Austraclear System:
Fees and charges
(Refer page 10 for Austraclear Network Connectivity fees)