Consultation paper
On 31 March 2025, ASX released a consultation paper titled Consultation Paper on ETD TradeAccept System Replacement – Off Market Trade Reporting Service.
The Exchange Traded Derivatives (ETD) TradeAccept replacement project is part of the ClearStar Program that looks to modernise systems and improve efficiencies of the derivatives business. The new solution will offer the same or improved business capabilities as the current system, with improved operational efficiencies, extended operating hours, new dashboard management and more enhanced support for automation through system-to-system messaging. This consultation paper outlines the design and scope of the new solution, along with the proposed implementation approach and associated timeline. It is intended for Participants using the TradeAccept system, as well as their system vendors, industry groups, and other stakeholders involved in derivatives off market trade reporting.
ASX welcomes market feedback on proposals and questions outlined in the consultation paper to assist in determining the final solution design and timeline. Submissions closed on 30 April 2025.
Response paper
On 10 June 2025, ASX released a response paper to the ETD TradeAccept consultation paper.
ASX received 14 written responses from Trading Participants, an End-User and Industry Associations. Responses were supportive of ASX’s proposals and there are only a few areas where ASX has adjusted its approach to respond to stakeholder submissions.
Non-confidential submissions were received from the following respondents:
ASX thanks all stakeholders that provided written submissions.
ASX intends to continue to engage with stakeholders through the ClearStar Program Committee, supporting working groups and targeted bilateral engagement on aspects of implementation approach, testing, go-live readiness and schedule.
ASX invites requests for bilateral engagement for stakeholders on this response paper. If your organisation would like to contact the ClearStar Program team please reach out to ASXClearStar@asx.com.au.
