Document ID: chunk:federal_register_of_legislation:F2024C01108:reg:5:p24
Version: federal_register_of_legislation:F2024C01108
Segment Type: reg
Provision Reference: reg 5 (pt 24/35)
Character Range: 366247–369097

on their Market.
(3) The Responsible Market Operator for CGS Depository Interests must assign each CGS Depository Interest a unique symbol for the purposes of identifying that CGS Depository Interest in records of Orders, transactions and other Trading Messages on its Market.

(4) A CGS Market operator other than the Responsible Market Operator for CGS Depository Interests must assign the same unique symbol assigned by the Responsible Market Operator under subrule (3) to that CGS Depository Interest for the purposes of identifying that CGS Depository Interest in records of Orders, transactions and other Trading Messages on its Market.

Part 9.3 Synchronised clocks

9.3.1AA Application

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, if those Equity Market Products are able to be traded on another Market;
(b)       the operator of the other Market referred to in paragraph (a) (in this Part, the Other Market Operator);
(c)        the operator of a CGS Market on or through which offers to acquire or dispose of CGS Depository Interests are made or accepted, if those CGS Depository Interests are able to be traded on another CGS Market; and
(d)       the operator of the other CGS Market referred to in paragraph (c) (in this Part, the Other CGS Market Operator).

9.3.1 Market operators to synchronise clocks

(1) A Market operator must set the clock the Market operator uses for recording the time and date in its trading, compliance monitoring and reporting systems so that it is synchronised to within 20 milliseconds of the UTC(AUS).

(2) Where a Market operator relies on another person to provide any aspect of their trading, compliance monitoring or reporting systems that records the time and date, the Market operator must take reasonable steps to ensure that person synchronises the clock used for that purpose to within 20 milliseconds of the UTC(AUS).

9.3.2 Market operator to have arrangements for compliance

(1) A Market operator must have in place adequate arrangements to ensure it complies with Rule 9.3.1, including arrangements for:
(a)        regularly monitoring the clock it uses for recording the time and date in its trading, compliance monitoring and reporting systems to ensure it remains synchronised; and
(b)       when required, re-setting the clock it uses for recording the time and date in its trading, compliance monitoring and reporting systems.
(2) Where a Market operator relies on another person to provide any aspect of their trading, compliance monitoring and reporting systems, the Market operator must take reasonable steps to ensure that person has in place arrangements referred to in subrule (1).

Part 9.4 Tick Sizes

9.4.1AA Application
This Part applies to:
(a)        the operator