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ASIC Class Rule Waiver [CW 13/972]

Authoritative Version
CW 13/972 Rules/Other as made
This instrument relieves a Principal Trader from the obligation to comply with Rules 2.2.1(1)(ab), (b), (c) and (e) of the ASIC Market Integrity Rules (ASX 24 Market) 2010, in the case where the Principal Trader is a Client of another Market Participant, and the Prinicpal Trader accesses the market through that Market Participant.
Administered by: Treasury
Registered 21 Aug 2013
Tabling HistoryDate
Tabled HR12-Nov-2013
Tabled Senate12-Nov-2013
Date of repeal 07 May 2018
Repealed by Repeal of the enabling legislation by ASIC Market Integrity Rules (Futures Markets) 2017

 

Australian Securities and Investments Commission
ASIC Market Integrity Rules (ASX 24 Market) 2010 –

Subrule 1.2.1(1) – Class Rule Waiver

 

 

Enabling provision

 

1.      The Australian Securities and Investments Commission (ASIC) makes this instrument under subrule 1.2.1(1) of the ASIC Market Integrity Rules (ASX 24 Market) 2010 (the ASX 24 Rules).

 

Title

 

2.      This instrument is ASIC Class Rule Waiver [CW 13/972].

 

Commencement

 

3.      This instrument commences on the date it is registered under the Legislative Instruments Act 2003.

 

Note: An instrument is registered when it is recorded on the Federal Register of Legislative Instruments (FRLI) in electronic form: see Legislative Instruments Act 2003, section 4 (definition of register). The FRLI may be accessed at http://www.frli.gov.au/.

 

Waiver

 

4.      ASIC relieves a Principal Trader from the obligation to comply with Rules 2.2.1(1)(ab), (b), (c) and (e) of the ASX 24 Rules, in the case where the Principal Trader is a Client of another Market Participant (the Second Market Participant) and the Second Market Participant either:

(a)    permits the Principal Trader to connect to a Terminal for the purposes of Trading for the Principal Trader’s House Account; or

(b)   enters Orders on the Principal Trader’s House Account into the Trading Platform through the Second Market Participant’s Order System.

 

 

Interpretation

 

5.      In this instrument, unless the contrary intention appears, capitalised terms have the meaning given by the ASX 24 Rules.

 

 

Dated this 19th day of August 2013

 

 

 

 

Signed by Greg Yanco

as a delegate of the Australian Securities and Investments Commission