Australian market licences for emissions units
Entities wishing to establish facilities or platforms to facilitate the trading of carbon units, ACCUs or EIEUs, or derivatives over them, will ordinarily need to hold an Australian market licence.
Market licence holders are subject to various obligations and requirements under the Corporations Act and ASIC Market Integrity Rules, where applicable.
Download Market Integrity Rules
For existing market operators, they may need to seek a variation of their market licence to ensure it is broad enough to permit trading of the full range of instruments they wish to trade.
Contact the Senior Executive Leader, Market Infrastructure at ASIC for further information at an early stage, at marketsregulation@asic.gov.au.
ASIC Regulatory Guide 172 Financial markets: Domestic and overseas operators (RG 172 ) sets out some information that those contemplating applying for an Australian market licence may find useful.
List of licensed domestic financial markets operating in Australia