ASIC Market Integrity Rules (ASX Market) 2010 - LexisNexis

LexisNexis ASIC Market Integrity Rules (ASX Market) 2010“Immediate Family” in relation to a person, means that person’s spouse and any non-adultchildren.“In Price/Time Priority” means, in respect of Bids and Offers, in accordance with thefollowing order:(a) Bids entered into a Trading Platform are ranked from highest to lowest priced andOffers are ranked from lowest to highest priced;(b) Bids entered into a Trading Platform are ranked above Bids entered later at the sameprice and Offers entered into a Trading Platform are ranked above Offers entered later atthe same price; and(c)an Order withdrawn from a Trading Platform loses its priority under (a) and (b) and, ifre-entered, will be treated as a new Order.“Initial Margin” means, in relation to an Open Contract, an amount of money determinedby a Clearing Facility as the initial margin for the Open Contract, in accordance with theClearing Rules.“Issuer” means, in relation to a Cash Market Product, the legal entity which issues the CashMarket Product.“Late Trading Session State” means the session on the Trading Platform, during which thefollowing parameters apply:(a)(b)(c)(d)(e)no Bids and Offers may be entered or amended;Bids and Offers remaining from the previous session may be cancelled;no Bids or Offers will be automatically matched;manual procedures for matching In Price/Time Priority apply;allowable trades may be reported.“LEPOs”, or Low Exercise Price Options, means options to:(a)(b)buy an agreed number of shares at a specified future date at an exercise price of 1 cent;notionally buy an Underlying Index at a specified future date at a strike price of 1 point.“Level One Accredited Derivatives Adviser” means a person who has been accreditedunder Rule 2.4.7 and whose accreditation is current.“Level Two Accredited Derivatives Adviser” means a person who has been accreditedunder Rule 2.4.8 and whose accreditation is current.“Listed Entity” means an entity included in the Official List.“Listing Rules” has the meaning given by section 761A of the Corporations Act.“Loan Securities” means:(a) debentures, stocks or bonds issued or proposed to be issued by a government; or(b) debentures of a body corporate or an unincorporated body; orCopyright Australian Securities and Investments Commission. Reproduced with permission.