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Dark liquidity and high frequency trading: Proposals

consultation paper – 202

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