Document ID: chunk:federal_register_of_legislation:F2024C01108:reg:8:p1
Version: federal_register_of_legislation:F2024C01108
Segment Type: reg
Provision Reference: reg 8 (pt 1/6)
Character Range: 286892–289941

8     Exception code                     If the transaction was executed:

                                            1.   otherwise than by matching of Orders on an Order Book; or

                                            2.   without Pre-Trade Information in relation to the Order being made available,

                                         a unique code that identifies the exception in subrule 6.1.1(2) or 6.1.2(2) relied upon

Part 6.4 Delayed reporting

6.4.1AA 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.

(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.

6.4.1 Delayed reporting—Large Principal Transaction

(1) In these Rules, Large Principal Transaction means:
(a)        a transaction in which one party to the transaction is the Relevant Participant acting as Principal and the other party to the transaction is the Relevant Participant acting as agent for a client;
(b)       the consideration for the transaction is:
(i)         $15,000,000 or more for Category A Equity Market Products;
(ii)       $10,000,000 or more for Category B Equity Market Products;
(iii)     $5,000,000 or more for Category C Equity Market Products; or
(iv)      $2,000,000 or more for Category D Equity Market Products or CGS Depository Interests; and
(c)        the transaction is not effected to unwind, close out or liquidate (in whole or in part) a position established by a transaction which meets the requirements in paragraphs (a) and (b).

(2) For the purposes of paragraph (1)(a), the client may be a Funds Manager acting on behalf of more than one fund.

(3) For the purposes of paragraph (1)(b):
(a)        Category A Equity Market Products means those Equity Market Products admitted to Official Quotation or Trading Status on a Market and notified by the operator of that Market under the operating rules of that Market in accordance with subrule (4);
(b)       Category B Equity Market Products means those Equity Market Products admitted to Official Quotation or Trading Status on a Market and notified by the operator of that Market under the operating rules of that Market in accordance with subrule (4);
(c)        Category C Equity Market Products means those Equity Market Products admitted to Official Quotation or Trading Status on a Market and notified by the operator of that Market under the operating rules of that Market in accordance with subrule (4); and
(d)       Category D Equity Market Products