Document ID: chunk:federal_register_of_legislation:F2024C01108:reg:4:p4
Version: federal_register_of_legislation:F2024C01108
Segment Type: reg
Provision Reference: reg 4 (pt 4/6)
Character Range: 238903–241661

or misleading appearance with respect to the market for, or the price for trading in, financial products on a financial market operated in this jurisdiction,
        whether or not the Market Participant is aware of:
(v)       the intention of any party to the transaction or Order; or
(vi)      all of the details of the transaction or Order,
the Market Participant must, as soon as practicable, notify ASIC in writing of the details of the transaction or Order (to the extent known to the Participant) and the reasons it suspects the matter set out in paragraphs (a) and/or (b).
(2) A Market Participant is not required to notify ASIC under subrule (1) if the Market Participant has reported the information that would otherwise be required to be contained in the notification to ASIC under subrule (1) to the Australian Transaction Reports and Analysis Centre under section 41 of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 or under section 16 of the Financial Transaction Reports Act 1988.

5A.4.3 Confidentiality
A Market Participant who notifies ASIC under subrule 5A.4.2(1) must not disclose that the notification was made, or the information contained in the notification, to any person other than:
(a)        for the purposes of seeking legal advice; or
(b)       as required by law.

Part 5A.5 Crossing System Tick Sizes and system controls

5A.5.1 Crossing System operators to use standard Tick Sizes
(1) A Market Participant that operates a Crossing System must not accept, display or queue Orders in its Crossing System in Tick Sizes less than:
(a)        $0.01 for an Equity Market Product able to be traded on more than one Market priced at equal to or greater than $2.00;
(b)       $0.005 for an Equity Market Product able to be traded on more than one Market priced at equal to or greater than $0.10 and less than $2.00; and
(c)        $0.001 for an Equity Market Product admitted to quotation on the ASX Market or admitted to quotation on the Chi-X Market under the operating rules of the Chi-X Market priced at less than $0.10.
(2) Subrule (1) does not apply to an Order that, if executed, would result in a Block Trade, Large Portfolio Trade or, in the context of Rule 6.2.3, a transaction at the Best Mid-Point.

5A.5.2 Crossing System—Efficiency and integrity controls
(1) Subject to subrule (3), a Market Participant that operates a Crossing System must at all times have appropriate automated filters designed to ensure the efficiency and integrity of the Crossing System.
(2) Subject to subrule (3), a Market Participant that operates a Crossing System must ensure it has controls that enable immediate:
(a)        suspension of, limitation of, or prohibition on, the entry into any Crossing System operated by