ASX Clear (Futures) Operating Rules

ASX Clear (Futures) Pty Limited (ASX Clear (Futures) is the holder of an Australian CS facility licence granted under the Corporations Act pursuant to which it provides a facility for the parties to transactions relating to certain financial products to meet obligations to each other that arise from entering into the transaction.

ASX Clear (Futures) provides central counterparty clearing (CCP) and settlement services for all futures and options products which are traded on ASX 24.

The Operating Rules of ASX Clear (Futures) deal with certain matters in respect of the operation of the clearing and settlement facility provided by ASX Clear (Futures), including regulating the behaviour of clearing participants in their relationships with ASX Clear (Futures), their clients and other clearing participants.

Procedures, Determinations and Practice Notes are also published by ASX Clear (Futures) to facilitate the services provided by ASX Clear (Futures), determinations made by ASX Clear (Futures) pursuant to powers conferred in the clearing rules and how ASX Clear (Futures) interprets and administers the rules.

Information will be of relevant for: Trading and Clearing Participants; law firms providing legal and compliance advice to Participants and others who advise in relation to the ASX 24 market, such as financial advisers, investment banks, medium and large accounting firms; and bond issuers.