Document ID: chunk:federal_register_of_legislation:F2024C01108:front:0:p24
Version: federal_register_of_legislation:F2024C01108
Segment Type: other
Provision Reference: 
Character Range: 64816–67608

Market.
Settlement Facility means, in relation to a Market transaction, the clearing and settlement facility, within the meaning of section 761A of the Corporations Act, through which the Market Transaction has been or will be settled.
Settlement Participant means a person admitted as a participant under the Settlement Rules.
Settlement Rules means the operating rules, procedures, practices, directions, decisions and requirements of a Settlement Facility.
Special Crossing:
 1.         in relation to an Equity Market Product able to be traded on more than one Market, means a Block Trade or a Large Portfolio Trade, entered into other than by matching of Orders on an Order Book of a Market; and
(b)       in relation to a Product other than an Equity Market Product able to be traded on more than one Market, has the meaning given by the operating rules of the Market where the transaction occurs; and
(c)        includes a transaction referred to as a negotiated transaction in the operating rules of a Market where:
 1.          a Market Participant acts on behalf of a selling client to that transaction or as Principal to that transaction;
(ii)       another Market Participant acts on behalf of a buying client to that transaction or as Principal to that transaction; and
(iii)     the transaction is effected other than by the matching of Orders entered into the Trading Platform of the relevant Market.

SSX means Sydney Stock Exchange Limited (ACN 080 399 220).

SSX Market means the financial market operated by SSX under Australian Market Licence (Sydney Stock Exchange Limited) 2004.

Standard Combination has the meaning given by the operating rules of a Market.

Structured Product means a Security or derivative:
 1.         which gives the holder financial exposure to the performance of one or more Underlying Instruments;
(b)       the value of which is linked to the performance of those Underlying Instruments; and
(c)        whereby investors do not have day to day control over the operation of the entity which issues or provides the Security or derivative.

Substantial Holder:
 1.         when used in the definition of "Principal" in this rule to refer to a Substantial Holder in a corporation, means a person who has or would have a substantial holding if Part 6C of the Corporations Act applied to that corporation; and
(b)       for the purposes of any other Rule includes a reference to:
 1.          a person who has a relevant interest in not less than 5% of a class of non-voting shares of the relevant company or its holding company; and
(ii)       each person who has a relevant interest in voting shares and non-voting shares of the relevant company or its holding company and whose aggregate holdings exceed 5% in number of the voting shares on issue