ASIC releases guidance on rules for derivatives market (ASX 24)

ASIC has released regulatory guidance on the market integrity rules for the Australian Securities Exchange Limited derivatives market (ASX 24). Regulatory Guide 250 (RG250) addresses risk management for house accounts, supervisory policies and procedures, and minimum presence requirements for foreign market participants. The guidance also explains a waiver ASIC has granted to principal traders for certain risk management obligations in circumstances where the principal trader accesses the market as client of another market participant, as their order and position limits are set by that market participant.

Originally Published: 
21/08/2013