ASIC Market Integrity Rules (ASX Market) 2010 - LexisNexis

LexisNexis ASIC Market Integrity Rules (ASX Market) 2010(d)the amount which the Market Participant would be obliged under the Market OperatingRules to request from the Client on the following day.(2) Where the request by a Market Participant for payment or the provision of securityrelates to derivatives traded on a market operated by a person other than the MarketOperator, the Market Participant must by the time required under the rules of that market,pay into the clients’ segregated account the lesser of:(a)(b)the amount of the request; orthe amount which the Market Participant would be obliged under the operating rules ofthe other market to request from the Client on the following day.Maximum penalty: $1,000,0003.5.8 Reconciliation of clients’ segregated accounts(1) A Market Participant must perform an accurate reconciliation, by 7.00pm on the TradingDay after the Trading Day to which the reconciliation relates, of the aggregate balance heldby it at the close of business on each Business Day in clients’ segregated accountsmaintained pursuant to Rule 3.5.2 and the corresponding balance as recorded in the MarketParticipant’s accounting records.(2) The reconciliation referred to in subrule (1) must set out:(a)(b)(c)the date to which the reconciliation relates;the dollar amounts of:(i)(ii)Total Futures Client Monies;Associated/Related Company Monies;(iii) Director/Employee Monies;(iv) Total Third Party Client Monies,for both the day of the reconciliation and the prior day;the dollar amounts of:(i)(ii)clients’ segregated account at bank;Deposits with ASX Clear Client Account;(iii) Deposits with ASX Clear (Futures) Client Account;(iv) Deposits with ASX Clear Futures Clearing Participant;(v)Deposits with ASX Clear (Futures) Participant;(vi) Deposits with an ASX Market Participant;(vii) Deposits with an Australian Securities Exchange Participant;(viii) Deposits with an Overseas Broker;(ix) funds invested in accordance with paragraph 981C(a) of the Corporations Act;Copyright Australian Securities and Investments Commission. Reproduced with permission.