UNITED STATES OF AMERICA
Before the

COMMODITY FUTURES TRADING COMMISSION

In the Matter of the Application of Australian Securities Exchange Limited
for registration pursuant to Section 4(b)(1) of the Commodity

Exchange Act and Part 48 of the Regulations of the Commodity

Futures Trading Commission in order to permit direct access

to its order entry and trade matching system

ORDER OF REGISTRATION

Pursuant to Section 4(b)(1) of the Commodity Exchange Act (the Act), 7 U.S.C. § 6(b)(1),
and Part 48 of the Commission’s regulations, Australian Securities Exchange Limited (ASX 24),
located in Sydney, Australia and holder of an Australian Markets License subject to regulatory
supervision by the Australian Securities Investment Commission (ASIC), submitted an application
dated August 15, 2012 and including supplemental submissions filed through August 1, 2017 (the
Application), requesting registration in order to permit identified members and other participants
located in the United States to enter trades directly into its order entry and trade matching system.

The Commission has reviewed the Application along with the exhibits, supplemental
documents, and other supporting information and representations, and finds that ASX 24 has
demonstrated its ability to comply with the requirements of the Act and applicable Commission
regulations thereunder, including the requirements for registration as set forth in Part 48 of the
Commission’s regulations.

In light of the foregoing, IT IS ORDERED, pursuant to Section 4(b)(1) of the Act, 7 U.S.C.
§ 6(b)(1), that ASX 24 is granted an Order of Registration to permit direct access, as that term is

defined in Section 4(b)(1)(A) of the Act, subject to the terms and conditions specified herein:
1


(1) Compliance with the Act and Commission Regulations. ASX 24 shall comply, and

shall demonstrate compliance as requested by the Commission, with all sections of the Act and the
Commission’s regulations thereunder applicable to ASX 24 as a foreign board of trade registered
pursuant to Part 48 of the Commission’s regulations, as may be amended or adopted from time to
time. ASX 24 shall comply with the applicable conditions of registration specified in Commission
regulation 48.8 and any additional conditions that the Commission deems necessary and may
impose, in its discretion, after appropriate notice and opportunity to respond. ASX 24 shall fulfill
each of the representations it has made in support of the Application for registration.

(2) | New Regulations. Should the Commission promulgate a regulation addressing or
otherwise affecting any aspect of this Order, then such regulation will apply and supersede the
applicable terms in this Order.

(3) Reservation of Rights. This Order is based upon the representations made and
supporting material provided to the Commission by ASX 24 as part of the Application. In the event
of any changes to or omissions in the material facts or circumstances pursuant to which this Order is
issued, or for any reason in the Commission’s discretion and after appropriate notice and
opportunity to respond, the Commission may condition, modify, suspend, terminate, or otherwise
restrict the terms of this Order, as appropriate and as permitted by law, on its own motion.

Issued in Washington, D.C. this 15th day of May, 2018.

By the Commission

se J. fe

Secretary of the Commission