Document ID: chunk:federal_register_of_legislation:F2024C01108:front:0:p17
Version: federal_register_of_legislation:F2024C01108
Segment Type: other
Provision Reference: 
Character Range: 46672–49530

the financial products the subject of the transaction are quoted; and

(b)       to which the Participant has access, either directly or indirectly through another Participant.

NSXA means National Stock Exchange of Australia Limited (ACN 000 902 063).

NSXA AOP Participant means a Participant of the NSXA Market that has either:

(a)        given to ASIC an AOP Initial Certification in respect of the NSXA Market under Rule 5.6.6; or

(b)       used its systems for Automated Order Processing in relation to the NSXA Market.

NSXA Market means the financial market operated by NSXA under Australian Market Licence (National Stock Exchange of Australia Limited) 2002.

Offer means:

 1.         in relation to a Cash Market Product, a price and quantity of the Cash Market Products to be sold;

(b)       in relation to a Derivatives Market Contract, an offer to enter into a Derivatives Market Contract in respect of the relevant Contract Series as Seller; and

(c)        in relation to any other financial product, a price and quantity of the financial product to be sold.

Offer Period means:

 1.         in relation to a Takeover Bid, the period for which offers under the bid remain open; or

(b)       in relation to a Scheme, the period from the date an announcement of intention to propose a Scheme is first received by the Market where the relevant financial products have been granted Official Quotation until the date on which the Scheme is effected.

Official Quotation, in relation to financial products, means admission to quotation by a Market operator under the listing rules of that Market.

On-Market, in relation to a transaction for the purpose of Chapter 6 of the Corporations Act, means a transaction by a Trading Participant for the acquisition of Cash Market Products which is:
 1.         effected during Trading Hours of a Market by matching of Trading Messages on a Trading Platform of that Market (other than a Crossing) in accordance with the operating rules of that Market; or
(b)       a Crossing effected during Trading Hours of a Market (excluding a time during which an Auction is conducted on that Market) in accordance with the operating rules of that Market if:
 1.          the Crossing is arranged solely by the Trading Participant and is not prearranged between the principals to the transaction; and
(ii)       each principal is indifferent as to the identity of the other,
        where:
(iii)     the expression "principal" includes the principal's associates, advisers and advisers' associates; and
(iv)      the expression "adviser" does not include a person only providing services to the principal as a broker,
but does not include:
(c)        Special Crossings; and
(d)       Crossings (other than Special Crossings) that are effected outside of Trading Hours of the Market to which they are reported.
Open