media release (22-051MR)

ASIC statement on ASX24 futures market outage

Published

The ASX24 futures market trading platform entered into a trading halt at around 10:00am Thursday 17 March and reopened around 2:00pm in the afternoon. ASIC remained in regular communication with ASX, market participants, and members of the Australian Council of Financial Regulators.

ASX will be required to provide a full incident report to ASIC.

ASIC views outages of this nature with significant concern. It has had a significant impact on the market, including market participants and investors. The ASX Group forms a critical part of Australia’s national economic infrastructure.  Well-functioning financial market infrastructure is critical to the integrity and reputation of the Australian financial markets and the trust and confidence investors have in them.

Media enquiries: Contact ASIC Media Unit