Document ID: chunk:federal_register_of_legislation:F2024C01108:front:0:p78
Version: federal_register_of_legislation:F2024C01108
Segment Type: other
Provision Reference: 
Character Range: 207434–210263

as a result of a breakdown or malfunction in any Market operator's procedures or systems or an error in any Trading Message submitted by the relevant Market operator.

Part 5.9A Trading Suspensions

5.9A.1 Prohibition on trading during Trading Suspensions
(1) A Market Participant must not match an Order or execute a transaction in connection with an Order in circumstances where the financial product the subject of the transaction is in a Trading Suspension on all Markets on which that financial product is quoted.
(2) In this Rule, Order means an instruction to purchase or sell, or an instruction to amend or cancel a prior instruction to purchase or sell:
 1.         an Equity Market Product; or
(b)       a CGS Depository Interest.

Part 5.10 Dealing in Cash Market Products

5.10.1 Trading Participants may not deal in Cash Market Products for which Official Quotation will be sought
Except as permitted in Rule 5.10.2, a Trading Participant is prohibited, either in its own office or elsewhere, from making quotations or dealing in a new issue or placement of Cash Market Products (except Loan Securities):
 1.         made for the purpose of qualifying a company for admission to the Official List of a Market; or
(b)       for which Official Quotation or permission to be traded on any Market will be sought,
until those Cash Market Products have been granted Official Quotation or permission to be traded (as applicable) on a Market.

5.10.2 When Trading Participants may deal in Cash Market Products for which Official Quotation will be sought
Notwithstanding Rule 5.10.1, a Trading Participant may deal in Cash Market Products to which Rule 5.10.1 applies, subject to any other provisions of these Rules and the operating rules of the Market on which Official Quotation of, or permission to be traded, the Cash Market Products will be sought, in the following circumstances:
 1.         the Trading Participant may underwrite or sub-underwrite a new issue or placement of Cash Market Products;
(b)       the Trading Participant may dispose of Cash Market Products if those Cash Market Products comprise an underwriting or sub-underwriting shortfall;
(c)        where the Cash Market Products have been issued on a pro-rata basis to holders;
(d)       where a listed entity acquires assets and as part or full consideration, issues new Cash Market Products (except Loan Securities) to the vendor and the Trading Participant:
 1.          has made a prior firm arrangement with the vendor to place these Cash Market Products as soon as they are issued; and
(ii)       ensures that the details of the issue to the vendor are advised to the relevant listing Market by the listed entity immediately the Cash Market Products are issued;
(e)        where a Trading Participant:
 1.          makes a placement of new Cash