Document ID: chunk:federal_register_of_legislation:F2024C01109:front:0:p32
Version: federal_register_of_legislation:F2024C01109
Segment Type: other
Provision Reference: 
Character Range: 83476–86305

(2A) For the ASX 24 Market, the only types of Orders which, when received, may be aggregated for placement into the Trading Platform of the ASX 24 Market, are:
(a)        all futures or options Orders received when the ASX 24 Market is neither open, nor in the Pre-Opening Phase;
(b)       spread or custom market Orders received during the Pre-Opening Phase of the ASX 24 Market;
(c)        all futures or options Orders received and recorded at exactly the same time;
(d)       Orders that, by definition, cannot be entered upon receipt, for example "market on open" or "market on close"; and
(e)        Orders negotiated under Part 3.3 of these Rules (pre-negotiated business).
(2B) For the FEX Market the only types of Orders which, when received, may be aggregated for placement into the Trading Platform of the FEX Market, are:
(a)        all futures or options Orders received when the FEX Market is neither open, nor in the Pre-Opening Period;
(b)       spread or custom market Orders received during the Pre-Opening Period of the FEX Market;
(c)        all futures or options Orders received and recorded at exactly the same time;
(d)       Orders that, by definition, cannot be entered upon receipt, for example "market on open" or "market on close"; and
(e)        Orders negotiated under Part 3.3 of these Rules (pre-negotiated business).

3.1.7 Disclosure
(1) Subject to paragraphs 3.3.1(1)(b) and 3.4.1(c), a Market Participant must not disclose any information about Orders or Expressions of Interest unless where otherwise permitted or required under these Rules or the law or exempted under subrule (2).

(2) No Market Participant may disclose to another party information (including Expressions of Interest) which is not generally available, or should not reasonably be considered to be generally available, to Market Participants. Only details of Orders and Expressions of Interest that have been disclosed on a Trading Platform may be disclosed to Clients.

(3) The disclosure of information about a Client's Order, where the Order has been entered into the Trading Platform of a Market, but not at a level that is visible to other Market Participants of that Market is disclosure of information which is not generally available, nor reasonably considered to be generally available.

(4) For the purposes of this Rule, Order is an instruction to deal or trade on behalf of a Client or an intention to deal or trade by a party dealing proprietary business.

3.1.8 Withholding Orders

(1) Subject to paragraphs 3.3.1(1)(a) and 3.4.1(b), a Market Participant must not withhold an Order with an intent to obtain a counterparty or counterparties.

(2) A Market Participant must not withhold two or more Orders with the intent to avoid trading with a Market.

3.1.9 Withdrawing Orders

A Market Participant must not