ASIC Market Integrity Rules (ASX Market) 2010 - LexisNexis

LexisNexis ASIC Market Integrity Rules (ASX Market) 2010(f)(g)(h)(i)(j)(k)(l)obligations to the Clearing Facility as principal, even though the Futures MarketContract or Options Market Contract may have been entered into on the Client’sinstructions;that the Clearing Participant may obtain benefits or rights upon registration of a FuturesMarket Contract or Options Market Contract with the Clearing Facility by novation of acontract under the Clearing Rules or other legal results of registration and thosebenefits, rights or legal results may or will be personal to the Clearing Participant andmay or will not pass to the Client;that the Market Participant is not required to act in accordance with the Client’sinstructions, where to do so would constitute a breach of the Market Operating Rules,the Clearing Rules or the Corporations Act;that the Market Participant may, in certain circumstances permitted under the MarketOperating Rules or the Corporations Act, take the opposite position in a MarketTransaction, either acting for another person or on its Own Account;that the Market Participant may call for payment of money or the provision of othersecurity in connection with the obligations incurred by the Market Participant in respectof Futures Market Contracts and Options Market Contracts entered into for the accountof the Client and:(i)(ii)the fact that the Client will be required to pay the money or provide the security;andthe arrangements for paying the money or providing the security, including,without limitation, the time by which the Client must pay the money or provide thesecurity;the nature of any events that will constitute a default by the Client in connection withthe agreement that are:(i)(ii)prescribed under the Market Operating Rules; andagreed between the Market Participant and the Client;the nature of any rights the Market Participant may have against the Client in an eventof default disclosed in accordance with paragraph (j) that are:(i)(ii)prescribed under the Market Operating Rules; andagreed between the Market Participant and the Client;if the Client will or may be required to pay to the Market Participant commissions, fees,taxes or charges in connection with dealings in Futures Market Contracts and OptionsMarket Contracts for the Client:(i)(ii)the fact that the Client is required to pay such commissions, fees, taxes andcharges; andthe manner in which the Client will be notified of the rate of such commissions,fees, taxes and charges;Copyright Australian Securities and Investments Commission. Reproduced with permission.