Recent rule amendments

There are regular updates to the operating rules of the ASX markets and clearing and settlement facilities. The information set out below provides details about recent changes to those rules.

The Rulebooks are also available to view online:

Recent ASX Listing Rules amendments

11/05/18

Guidance Note update:

Guidance Note 8:  clarification of ASX’s policy around market announcements that attach copies of or contain references to a broker or analyst research report.

Guidance Note 14:  minor consequential changes reflecting the changes to GN 8.

Compliance Update 04/18 (item 2)
09/03/18 Guidance Note update: GNs 1, 8, 12 & 16 Compliance Update 02/18 (item 1)
01/01/18 Listing fees – Guidance Note 15A no notice
01/12/17 Reverse Takeovers: Rules 1.2, 1.3, 7.1B, 7.2, 7.3, 14.11, 19.12 Compliance Update 09/17 (items 1 & 2)
01/12/17 Guidance Note update: GNs 1, 4 & 12 Compliance Update 09/17 (item 3)
  Guidance Note 14:  removal of references to CFDs traded on the ASX 24 market.  
  Guidance Note 16:  expanded guidance on the procedures for requesting a trading halt or voluntary suspension and following up requests for a trading halt or voluntary suspension sent by email.  
03/07/17 Guidance Note amendments: GNs 15, 15A, and 27 Compliance Update 06/17 (item 2)
31/03/17 Applications for in-principle advice: Guidance Notes 1, 15A & 17 Compliance Update 02/17 (item 2)
31/03/17 No more trading halts to facilitate sales of major shareholdings: Guidance Note 16 ASX Notice 0343.17.03
Compliance Update 02/17 (item 1)

 

Recent ASX Operating Rules amendments

29/09/17 AQUA Products - Requirements for Admission: Procedure 10A.3.3 ASX Notice 1040.17.09
30/05/17 Removal of Schedules 1A & 1B ASX Notice 0569.17.05
30/05/17 Removing references to the ASX Voiceline service, which ceased operation on 31 October 2016: Rules 6800 & 7100 no notice
17/05/17 AQUA Products - Requirements for Admission: Procedure 10A.3.3 ASX Notice 0525.17.05
31/03/17 Updated Guidance Note 5 Suspension and Termination of Participants ASX Notice 0338.17.03
20/03/17 Request for Cancellation: Procedure 3200 ASX Notice 0256.17.03
06/02/17 AQUA Rule Changes – Expanded scope of the mFund Settlement Service: Rules 4652-4 & 7100; Schedules 10A.3.3, 10A.4.2 & 10A.4.5; Procedures Schedule 10A.4.2 & 10A.4.5; Guidance Note 15 ASX Notice 0029.17.01

 

Recent ASX 24 Operating Rules amendments

22/03/18 Updated Block Trade Procedures for User Defined Strategy Orders in Australian Electricity Futures and Options: Procedures 4022(b) & 4820 ASX Notice 0300.18.03
15/03/18 Quarterly update: Appendices 2.20.1, 2.21.1 & 2.36.1 – 3, 10 & 20 Year Bond Series; Appendices 2.27.1 & 2.28.1 – New Zealand Three & Ten Year Government Stock Futures ASX Notices 0238.18.03 0245.18.03
19/01/18 Delisting of Australian Electricity Base Load Calendar $300 Caps Q3 & Q4 2021 futures contracts: Appendices 2.63.1.1, 2.63.1.2, 2.63.1.3 & 2.63.1.4 ASX Notice 0050.18.01
17/01/18 Attestation for trading on behalf of New Zealand Customers: Guidance Note 8 ASX Notice 0047.18.01
15/12/17 Quarterly update: Appendices 2.20.1, 2.21.1 & 2.36.1 – 3, 10 & 20 Year Bond Series; Appendices 2.27.1 & 2.28.1 – New Zealand Three & Ten Year Government Stock Futures ASX Notices 1483.17.12 1485.17.12
07/12/17 Change to 90 Day Bank Accepted Bill Futures delivery criteria: Schedule 2.22.1 ASX Notice 1240.17.11
01/12/17 3 Year Treasury Bond Futures Minimum Price Increment: Procedure 2.21.1 ASX Notice 0881.17.08
28/11/17 90 Day NZ Bank Bill Futures – Procedures 2500.1, 3200.9, 4022(a)(ii) & 4820 ASX Notice 1059.17.10
20/10/17 Delisting of Options – Appendices 2.25.2, 2.34.1 & 2.76.1 ASX Notice 1155.17.10
09/10/17 Procedure change – Procedures 3200 & 3210 ASX Notice 0936.17.09

15/09/17

Quarterly update: Appendices 2.20.1, 2.21.1 & 2.36.1 – 3, 10 & 20 Year Bond Series; Appendices 2.27.1 & 2.28.1 – New Zealand Three & Ten Year Government Stock Futures

ASX Notices  0923.17.09 0957.17.09

15/06/17

Quarterly update: Appendices 2.20.1, 2.21.1 & 2.36.1 – 3, 10 & 20 Year Bond Series; Appendices 2.27.1 & 2.28.1 – New Zealand Three & Ten Year Government Stock Futures

ASX Notices 0622.17.03 0624.17.03

31/03/17 Updated Guidance Note 5 Suspension and Termination of Participants ASX Notice 0338.17.03
20/03/17 NTP Operating Rules ASX Notice 1340.16.11
15/03/17 Quarterly update: Appendices 2.20.1, 2.21.1 & 2.36.1 – 3, 10 & 20 Year Bond Series; Appendices 2.27.1 & 2.28.1 – New Zealand Three & Ten Year Government Stock Futures ASX Notices 0237.17.03 0247.17.03
18/01/17 Trading on Behalf of New Zealand Customers: Rules 1801 & 1802; Procedures 1801 & 1802 ASX Notice 0053.17.01

 

Recent ASX Clear Operating Rules amendments

01/01/18 Definition of "Financial Asset and Liability Revaluation Reserves": Schedule 1.1.1 ASX Notice 1565.17.12
01/01/18 Amendments to provide ASX Clear with the power to require a Clearing Participant that is a Market Participant to act as a default broker and participate in any fire drills held by ASX Clear from time to time: Rules 4.1 & 4.26; Procedure 4.26 no notice
15/12/17 Minimum Core Capital Requirements: Schedule 1; Procedures S1 ASX Notice 1495.17.12
13/11/17 Risk Based Capital Requirements: Schedule 1 ASX Notice 1269.17.11
31/03/17 Updated Guidance Note 5 Suspension and Termination of Participants ASX Notice 0338.17.03
08/02/17 Amendments to ASX Clear Operating Rules Procedures – Collateral: Procedure 14.6.1; Annexures 1 & 2 ASX Notice 0121.17.02
06/02/17 Margin erosion percentage for intraday margin calls: Procedure 14.5.2 ASX Notice 1576.16.12

 

Recent ASX Settlement Operating Rules amendments

15/05/18 "FOR" Financial Products: removal of AirXpanders, Inc. – Procedures: Schedule 1 ASX Notice 0496.18.05
26/02/18 "FOR" Financial Products: APA Group – Procedures: Schedule 1 ASX Notice 0176.18.02
19/02/18 "FOR" Financial Products: Woodside Petroleum Limited – Procedures: Schedule 1 ASX Notice 0150.18.02
19/01/18 "FOR" Financial Products: Orocobre Limited – Procedures: Schedule 1 ASX Notice 0048.18.01
22/12/17 "FOR" Financial Products: BuildingIQ Inc. – Procedures: Schedule 1 ASX Notice 1557.17.12
15/12/17 "FOR" Financial Products: Transurban Group – Procedures: Schedule 1 ASX Notice 1505.17.12
08/12/17 "FOR" Financial Products: Credible Labs Inc. – Procedures: Schedule 1 ASX Notice 1450.17.12
27/10/17 "FOR" Financial Products: Nufarm Limited – Procedures: Schedule 1 ASX Notice 1185.17.10
04/08/17 "FOR" Financial Products: Yancoal Australia Limited – Procedures: Schedule 1 ASX Notice 0812.17.08
03/07/17 Amendment to Guidance Note 13 to provide more detailed guidance on the process for applying to have financial products designated as “FOR Financial Products” and included in Schedule 1 of the ASX Settlement Operating Rules Procedures. no notice
29/06/17 "FOR" Financial Products: Link Administration Holdings Limited – Procedures: Schedule 1 ASX Notice 0710.17.06
31/03/17 Updated Guidance Note 5 Suspension and Termination of Participants ASX Notice 0338.17.03
28/03/17 "FOR" Financial Products: Visioneering Technologies, Inc. – Procedures: Schedule 1 ASX Notice 0321.17.03
24/03/17 "FOR" Financial Products: Downer EDI Limited – Procedures: Schedule 1 ASX Notice 0295.17.03
14/02/17 Addition of note to Rule 7.1.5: Death of a Holder ASX Notice 0140.17.02
06/02/17 AQUA Rule Changes – Expanded scope of the mFund Settlement Service: Rules 2.13.1, 18.3.1, 18.3.3, 18.3.9, 18.4.1, 18.4.3, 18.4.6 ASX Notice 0029.17.01
01/02/17 "FOR" Financial Products: removal of BuildingIQ Inc. – Procedures: Schedule 1 ASX Notice 0072.17.01

 

Recent ASX Clear (Futures) Operating Rules amendments

06/04/18 Waiver of Operating Rule 8.4 and OTC Rule 3.3(b)(ii): Guidance Note 8 ASX Notice 0108.18.02
26/02/18 Amendments to the OTC eligibility criteria to extend the maximum maturity of NZ BKBM IRS from two years to 15 years: OTC Handbook Schedule 1 no notice
18/12/17

Overnight Margining: Rule 45.1; OTC Rule 5.6
Enables ASX Clear (Futures), in the event of extreme market movement, to call intra day margin from Clearing Participants (Futures or OTC Participants) on a Saturday.

no notice
27/11/17 NZD OTC Interest Rate Derivatives: Rules 4.15A, 13.4; OTC Rule 2.3, Schedule 3; OTC Handbook 2.15, 5.8 & Schedule 1 ASX Notice 1370.17.11
27/11/17 Overnight Margining: Schedule 5; Procedures 43 & 45; OTC Handbook 5.2 & 5.6 ASX Notice 1369.17.11
03/07/17 Default Management processes: OTC Rules 2.1, Schedules 1 & 3; OTC Handbook Schedules 3 & 4 Consultation Response
03/07/17 New framework to facilitate client representation on ASX Clear (Futures) Risk Committee: Procedure 20 ASX Notice 0662.17.06
29/05/17 Client Clearing API amendments: OTC Rule 4.3; OTC Handbook 1.4, 2.15, 4.3 Consultation response
09/05/17 Amendment re Australian Auditing Standard: Procedures 4.14(a), Form 1 ASX Notice 0491.17.05
01/05/17 Changes to Capital Based Position Limit (CBPL) methodology: Schedule 11A ASX Notice 0417.17.04
31/03/17 New Guidance Note 5 Suspension and Termination of Participants ASX Notice 0338.17.03
20/03/17 Unintentional Crossing Prevention: Procedure 46.5 no notice
27/02/17 Extended Hours and Netting Synchronisation: OTC Handbook 1.6, 4.3, 4.5, 4.11, 4.15 ASX Notice 0172.17.02

Recent ASX Enforcement and Appeals Rulebook amendments

01/01/17 Reduce the minimum number of persons ASX must appoint to the Appeal Tribunal from 10 to 6 persons: Procedure 3.5.1 no notice

 

Recent Austraclear Regulations amendments

07/08/17 Amendment of Austraclear Regulations Procedure 10.2 Other Withdrawal – Mandatory (all Securities) ASX Notice 0825.17.08
31/03/17 New Guidance Note 5 Suspension and Termination of Participants ASX Notice 0338.17.03
23/01/17 Extension to the ASX Collateral service: Rule 28; Procedure 28 ASX Notice 0065.17.01
01/01/17 Framework to facilitate Austraclear’s compliance with the Common Reporting Standard: Rules 1.1, 17.2 & 21.6; Procedures 3.16, 10.2, 11.6, 17.2 & 21.6 ASX Notice 1560.16.12

 

Recent ASX Recovery Rules amendments

No amendments since 1 June 2016.

 

1 August 2010: New Operating Rules for ASX and SFE

On 1 August 2010 new operating rules were introduced for the ASX and SFE markets. The SFE market was renamed the ASX 24 and this name has been used in the new Rules.

A document explaining the changes, along with copies of the new Rules and associated Procedures are available as follows:

ASX Operating Rules ASX 24 Operating Rules
ASX Operating Rules Schedules ASX 24 Schedule 1
ASX Operating Rules Procedures ASX 24 Procedures
ASX Operating Rules Procedures Appendices ASX 24 Procedures Appendices

Please note that the formatting and page numbers for these rules and procedures are not yet finalised, but the content and rule and procedure numbers will not change.

Consequential changes to other rulebooks:

ASX Enforcement and Appeals Rulebook(previously called the Australian Securities Exchange Disciplinary Processes and Appeals Rulebook)

ASX Clear Operating Rules(previously called the ACH Clearing Rules)

ASX Settlement Operating Rules(previously called the ASTC Settlement Rules)

ASX Clear (Futures) Operating Rules (previously called the Clearing Rules of SFE Clearing)

Austraclear Regulations

ASX Listing Rules