ASX on Austraclear Service Release 19

Published on: Apr 22, 2025

On Apr. 17, ASX said Austraclear service release scheduled to go live.

  • ASX said Austraclear service release 19 (SR19) is scheduled to go live on Jul. 7.
  • In addition, ASX published MT300 – AMEND, with respect to MT300 enhancements.
  • Participant testing will commence on May 7, 2025 and last until May 23, 2025.
  • Follows ASX Aug. 2024 said Austraclear service release scheduled to go live, #223081.
  • Key Enhancements in Service Release 19
  • Introduces new assured mode cash list report, which will improve visibility of cash settlements processed under assured mode; available in both PDF and CSV formats.
  • Shows net cash amounts settled during assured mode, eliminate manual reconciliation.
  • Reports will also be provided in CSV format to support participants’ internal system integration; these include the record date report and linked settlement report.
  • MT564 messages will support pagination using Tag 28E to comply with SWIFT 10,000-character limit; MT512 HTHL messages will add fields for sub-account, cash record.
  • For full details, ASX said participants can refer to the HTHL specifications document.
  • Introduces amend functionality to the MT300 foreign exchange confirmation message.
  • Allows participants to amend SWIFT instruction instead of canceling, resubmitting new message, thus preserving trade history, as well as improving operational efficiency.
  • Password policy will require 12–32 characters with at least three character types; passwords will expire every 365 days, with reminders starting 14 days prior.
  • Effectiveness
  • Austraclear SR19 will be implemented on Jul. 5, 2025 and go live on Jul. 7, 2025.
Regulators
ASX
Entity Types
B/D; Corp; Exch
Reference
Nt 0377.25.04, Gd, 4/17/2025
Functions
Compliance; Operations; Reporting; Settlement; Technology; Trade Reporting; Trading
Countries
Australia
Category
State
N/A
Products
Corporate; Derivatives; Forex; Securities
Rule Type
Final
Regions
AP
Rule Date
Apr 17, 2025
Effective Date
Jul 7, 2025
Rule ID
251269
Linked to
Reg. Last Update
Apr 17, 2025
Report Section
International