Part 8Capital requirements

Chapter 8: Capital requirements

Part 8.1 Preliminary

8.1.1 Definitions

In this Chapter and in Chapter 9: 

“Approved Clearing Facility” means ASX Clear Pty Limited (ACN 001 314 503).

“Capital Requirements” means, in relation to a Market Participant, the Risk Based Capital Requirements. 

“Risk Based Capital Requirements” means the requirements set out in Schedule 1A. 

Part 8.2 Application

8.2.1 Market Participant to comply with Risk Based Capital Requirements

A Market Participant must at all times comply with the Risk Based Capital Requirements, unless:

(a)        the Market Participant is only a Principal Trader; or

(b)       the Market Participant is a Clearing Participant of an Approved Clearing Facility and complies with the capital requirements under the Clearing Rules. 

Note: The Risk Based Capital Requirements are contained in Schedule 1A.