ASIC Market Integrity Rules (ASX Market) 2010 - LexisNexis

LexisNexis ASIC Market Integrity Rules (ASX Market) 20106.5.4 Special Crossings in CombinationsA Trading Participant must not execute a Special Crossing in a Combination if a componentpart of that Combination is:(a)(b)(c)a Cash Market Product (other than a Warrant); ora Derivatives Market Contract over a Cash Market Product; ora Warrant over a Cash Market Product,in respect of which there is currently an Offer Period for a Takeover Bid or Scheme.Maximum penalty: $100,000Part 6.6 Limitations on Crossings during buy-back conducted On-Market6.6.1 Special Crossing in Cash Market Products (excluding Warrants) onbehalf of IssuerA Trading Participant must not effect a Special Crossing of any Cash Market Products(excluding Warrants) of an Issuer, on behalf of that Issuer during the term of a buy-backoffer conducted On-Market by that Issuer.Maximum penalty: $100,0006.6.2 Crossings after Trading Close and Special Crossings in DerivativesMarket Contracts(1) A Trading Participant must not execute, on behalf of an Issuer:(a)(b)Crossings of the type set out in subrule (2); orSpecial Crossings,in Derivatives Market Contracts if those Derivative Market Contracts are over a Cash MarketProduct of that Issuer in respect of which there is currently a buy-back being conducted On-Market.(2) For the purposes of paragraph (1)(a), the type of Crossing is a Crossing (other than aSpecial Crossing) that is effected during Late Trading Session State in accordance with theMarket Operating Rules.Maximum penalty: $100,000Copyright Australian Securities and Investments Commission. Reproduced with permission.