ASIC Consults Further on Market Reforms
The Australian Securities and Investments Commission (ASIC) has released a number of new draft market integrity rules (MIRs), but will hold off on publishing further regulation for algorithmic and automated trading, it said.
The new consultation paper, CP 179, covers a number of areas such as expectations for market operators, extreme price thresholds, reporting and data requirements, minimum trade sizes for block movements, and on pre-trade transparency mandates.
However, the regulator said
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