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Services for approved market operators

ASX Clear Pty Limited (ASX Clear) and ASX Settlement Pty Limited (ASX Settlement) provide non-discriminatory access to clearing and settlement arrangements for Approved Market Operators (AMOs) through a service known as the Trade Acceptance Service (TAS).

Trade Acceptance Service

The TAS enables trades in CHESS-eligible quoted financial products executed on any Australian licensed trading platform to be cleared and settled by ASX Clear and ASX Settlement.

The TAS and related Product Services are currently provided to ASX Limited, Cboe Australia Pty Ltd, National Stock Exchange of Australia Limited and Sydney Stock Exchange Limited. 

If you are interested in being provided with clearing and settlement arrangements under the TAS and Product Services, please contact Karen Webb, General Manager, Equities Post Trade, via email. The initial application form for the TAS and related Product Services is available here.

Contractual framework and service fees

The TAS is made available by ASX Clear and ASX Settlement to AMOs in accordance with a published set of contractual terms of service, the Trade Acceptance Service Legal Terms

There is an initial application fee of $10,000 (excluding GST) for the TAS. The Operational and Technical Standards applicable to the TAS is available here.

ASX Clear and ASX Settlement also provide financial product-related services to AMOs which are the recipients of the TAS for financial products listed on their markets. These services include the performance of a clearing assessment of the individual financial products listed on the market of the AMO for which clearing and settlement is sought, an operational assessment (where required) and product set-up and maintenance services. An AMO may be required to complete the Application Form/New Product Form (available here) prior to these services being provided. These services are made available in accordance with a published set of contractual terms of service, the Product Services Legal Terms. Guidance on the range of fees payable in connection with the operational and clearing assessments performed by ASX Clear and ASX Settlement can be found here

The linked contractual terms and standards have been amended, and are effective Monday 20 April 2026.

Access Procedures for AMOs

The Access Procedures set out the processes and timeframes for ASX to respond to new customer enquiries for standard access to clearing and settlement arrangements under the TAS and customer requests for the enhancement or expansion of the TAS.

The Access Procedures also provide an overview of the service monitoring for the TAS and the Information Handling Standards that ASX has put in place for the protection of AMO confidential information and AMO conflict sensitive information; specifically: