Consultation paper on ASX 24 Cancellation Policy

Tue 7 Dec 2021

ASX Notice 1770.21.12

On 6 December 2021, ASX released the consultation paper ASX 24 Cancellation Ranges: Proposals for Change to Energy Products and QCR Process:

In summary ASX will be looking for feedback on:

  • 1. Cancellation ranges that are currently prescribed under section 3200.9 of the ASX 24 Operating Rules Procedures in the Electricity Market Base Load Cap products.
  • 2. The consent time for QCR across all ASX 24 products moving from 5 minutes to 10 minutes.
  • 3. Any additional aspects of the Cancellation Process that Participants are looking to raise with ASX.

ASX invites submissions on the options set out in this paper as well as any alternative approaches that market users may wish to raise for consideration. ASX welcomes feedback on the options individually and in combination.

The paper can be accessed here or by clicking on the link above.

What do I need to do by when?

Written submissions in response to the consultation paper are requested by 31 January 2022.

Need more information?

Please feel free to reach out to ASX Commodities team on +61 2 9227 0900 or email