Document ID: chunk:federal_register_of_legislation:F2024C01108:reg:6:p5
Version: federal_register_of_legislation:F2024C01108
Segment Type: reg
Provision Reference: reg 6 (pt 5/8)
Character Range: 258374–261261

the Pre-Trading Hours Period in relation to that Relevant Product on the next Trading Day; and
(b)       if the transaction is entered into on behalf of a client, where the relevant Order was received from the client during the period set out in paragraph (a) and the Relevant Participant entered into the other side of the transaction as Principal or on behalf of another client whose instructions were received at any time.

Part 6.3 Transactions must be post-trade transparent

6.3.1AA Application of Part
(1) This Part applies to:
(a)        the operator of a Market on or through which offers to acquire or dispose of Equity Market Products are made or accepted;
(b)       Participants of the Markets referred to in paragraph (a);
(c)        the operator of a CGS Market;
(d)       CGS Market Participants; and
(e)        Orders and transactions in Equity Market Products and CGS Depository Interests, except Rule 6.3.6A which applies to transactions in financial products executed on a Market or reported to a Market operator.
(2) In this Part:
 1.         Operator means any of the operators referred to in subparagraph 1(a) and (c);
 2.        Relevant Participant means a participant referred to in subparagraph 1(b) or (d); and
 3.         Relevant Products means Equity Market Products and CGS Depository Interests.

6.3.1AB Dealings to which this Part does not apply

For the avoidance of doubt, this Part does not apply to:

(a)        a Relevant Participant transmitting an Order to another Participant for the purposes of the second Participant transmitting the Order to an Order Book or Crossing System;

(b)       primary market actions, including an issue or allotment of, application or subscription for a Relevant Product, or acceptance of an offer under an Off-Market Bid;

(c)        the delivery of a Relevant Product under a securities lending arrangement; and

(d)       Exchange-Traded Fund Special Trades within the meaning of the term "ETF Special Trade" given by the operating rules of a Market.

6.3.1 Relevant Participants to report transactions done other than on an Order Book of a Market

(1) The Reporting Participant must report Post-Trade Information for a transaction entered into otherwise than by matching of Orders on an Order Book, to an Operator.

(2) The Reporting Participant must report Post-Trade Information for a transaction referred to in subrule (1):

(a)        subject to paragraph (b):

(i)         if the transaction is matched or executed during Normal Trading Hours, immediately after the transaction is executed;

(ii)       if the transaction is matched or executed during a period in which there is an Auction on the Market to which the transaction will be reported, immediately after that Auction;

(iii)     if the transaction is executed outside of the times referred to in subparagraphs (i) and (ii), by no later than 15