Steps to trade EFPs

For customers

  1. Contact an ASX 24 trading participant.

For ASX 24 trading participants

  1. Trading participant brokes an EFP transaction with their clients and other trading participants (note that a trading participant can be the broker for both sides of an EFP transaction)
  2. Trading participant(s) submit the EFP transaction electronically via ASX TradeAccept
  3. EFP transaction is scrutinised by ASX to confirm that, as presented, the transaction appears to conform to the ASX 24 Operating Rules 4800 to 4804.
  4. The futures component of the EFP is recorded in the clearing system and cleared normally, as well as being announced on ASX Trade24.