CP 202 Dark liquidity and high frequency trading: Proposals

Released 18 March 2013. Comments closed 10 May 2013.

This consultation paper is for market operators and market participants of Australia’s equity and futures markets, as well as investors, intermediaries and listed companies.

It proposes Market Integrity Rules and guidance to address ASIC’s concerns about the impact of developments in dark liquidity and high-frequency trading on market quality, market integrity and fairness.

Note: For more details about the recent developments and our concerns, see Report 331 Dark liquidity and high-frequency trading (REP 331).

Download CP 202 (PDF 460 KB) | Read the media release

- Attachment to CP 202: Proposed amendments to ASIC market integrity rules: Dark liquidity and high-frequency trading (PDF 312 KB)

Read the report on submissions

  Submissions
Association of Superannuation Funds of Australia Limited (PDF 134 KB)
2 ASX Limited (PDF 333 KB)
3 Australian Financial Markets Association (PDF 373 KB)
4 Australian Shareholders' Association (PDF 425 KB)
5 CFA Society Sydney (PDF 483 KB)
Chi-X Australia Pty Limited (PDF 515 KB)
7 Financial Services Council
GETCO Australia Pty Limited (PDF 80 KB)
9 Graham, Lorraine (PDF 20 KB)
10 Group of 100 (PDF 22 KB)
11  IMC Pacific Pty Ltd (PDF 198 KB)
12  Industry Super Network Pty Ltd (PDF 332 KB)
13  Investment Company Institute (PDF 1,683 KB)
14  Liquidnet (PDF 469 KB)
15  Stockbokers Association of Australia (PDF 305 KB)

 

Last updated: 18/03/2013 12:00