Document ID: chunk:federal_register_of_legislation:F2024C01107:body:0:p11
Version: federal_register_of_legislation:F2024C01107
Segment Type: other
Provision Reference: 
Character Range: 29477–32436

means a transaction between Trading Participants for one or more Derivatives Market Contracts.
Employee in relation to a Market Participant includes a director, employee, officer, agent, representative, consultant or adviser of that Market Participant, or an independent contractor who acts for or by arrangement with a Market Participant.

Equity includes:

(a)        a share other than a share referred to in paragraphs (c) and (d) of the definition of Debt Instrument;

(b)       a depository receipt;

(c)        an instalment receipt;

(d)       an interest in a managed investment scheme, including an interest in a Hybrid ETF or an Other Managed Fund that is issued over:

(i)         physical Equities only;

(ii)       physical Debt Instruments and property;

(iii)     physical Equities, physical Debt Instruments and property;

(iv)      physical Equities and property; or

(v)       physical property only,

(ignoring any immaterial percentage of cash or Derivatives also included in the Hybrid ETF or Other Managed Fund and used only for hedging purposes), other than an interest referred to in paragraph (e) of the definition of Debt Instrument,

but does not include an instrument that falls within the definition of Debt Instrument, Foreign Exchange or Commodity.
Equity Derivative includes:
(a)        an equity Swap;
(b)       a forward contract over an Equity;
(c)        a Future over an Equity and a Future over a basket or index product based on Equities;
(d)       an index or basket product based on Equities (including a Classical ETF);
(e)        a renounceable or non-renounceable right to subscribe for an equity;
(f)        an Option over an Equity (whether issued or unissued) and an Option over any of the products referred to in paragraphs (a) to (d); and
(g)       an exchange traded CFD over:
(i)         an Equity; or
(ii)       a basket or index product based on Equities,
but does not include an instrument that falls within the definition of Debt Derivative, Foreign Exchange Derivative or Commodity Derivative.
Equity Equivalent means the value of a position calculated in accordance with Part A3.8 of Annexure 3 to Schedule 1A.
Equity Market Product means:
(a)        a share in a body;
(b)       a financial product referred to in subparagraph 764A(1)(b)(i) or subparagraph 764A(1)(ba)(i) of the Corporations Act; or
(c)        a right (whether existing or future and whether contingent or not) to acquire, by way of issue, the following under a rights issue:
(i)         a share covered by paragraph (a); or
(ii)       a financial product covered by paragraph (b); or
(d)       a CHESS Depositary Interest,
admitted to quotation under a Market's operating rules, but does not include a CGS Depository Interest.
Equity Net Position means an amount calculated in accordance with Part A3.9 of Annexure 3 to Schedule 1A.
Equity Securities means:
(a)        shares in a body corporate or an unincorporated body other than