Released 20 October. Comments closed 10 February 2012 (extended from 20 January).

This consultation paper is for market operators and market participants, as well as investors, intermediaries and issuers of products quoted on the Australian Securities Exchange (ASX).

It proposes ASIC market integrity rules to address regulatory issues resulting from recent market developments in Australia. It focuses on issues relating to:

• the automated trading environment, including high-frequency trading;
• volatility controls for extreme price movements;
• enhanced data for market surveillance;
• the product scope for best execution; and
• pre-trade transparency and price formation in the market.

Many of these issues were canvassed in Consultation Paper 145 Australian equity market structure: Proposals (CP 145). This paper builds on these issues for further consultation.

Download the paper (PDF) | Download the draft market integrity rules (PDF) | Read the media advisory | Read the report on submissions | View CP 145 (earlier consultation) | View market integrity rules

	Submission from
1	ASX Limited
2	Australian Financial Markets Association
3	Australian Risk Policy Institute
4	Chi-X Australia Pty Limited
5	Financial Services Council
6	GETCO Australia Pty Limited
7	Instinet Australia Pty Limited
8	Saunders, Ben - Macpherson + Kelly Lawyers
9	Securities Industry & Financial Markets Association
10	Simonoff, Jerry - CHAX, Inc.
11	Stockbrokers Association of Australia
12	Vanguard Investments Australia Limited
13	Yieldbroker Pty Limited