market specific - australia. 2 agenda exchange background asx equities & warrants & company...

Market Specific - Australia

2


Agenda

• Exchange Background

• ASX Equities & Warrants & Company Options

• SFE Futures & Options

• ASX Futures & Options

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• Exchange Background

– Australian Securities Exchange (ASX)• Exchange page: <AU/EXCH2>-4• Exchange website http://www.asx.com.au/

– Sydney Future Exchange (SFE)• Exchange page: <AU/EXCH5>• Exchange website

http://www.asx.com.au/products/futures_options/index.htm

– National Stock Exchange of Australia (NSX)• Exchange page: <AU/EXCH6>• Exchange website http://www.nsxa.com.au/

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Market Specific - Australia• ASX: <AU/EQUITY>, <AU/MENU>, <AU/CHAR1>

main traded instruments:

– Equities e.g. <BHP.AX>

– Warrants e.g. <AEJSMW.AX>, <AU/WTS1> onwards

– Rights e.g. <SMMRA.AX>, <0#RIGHTS.AX>

– Preference Shares <ANZPA.AX>, <0#PREFS.AX>

– Exchange Traded Funds <IEU.AX>,<0#FUNDS.AX>

– Company Options <ADXO.AX>, <0#OPTIONS.AX>

– Exchange Traded Options (ETOs) <AU/OPTEX1>

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• ASX Equity Full Quote RIC Rule – Ordinary shares: exchange code + .AX

– RIC follows exchange stock code

– For different brokerage characters used, refer to <AU/CHAR1>


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• How to verify ASX Equity RIC change from exchange website?– Company name and ASX code changes:

http://www.asx.com.au/resources/codes/changes/2010.htm

– Usually data team will proceed with RIC change before 19:00 GMT one day before effective date

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Market Specific - Australia• How do we verify ISIN code for ASX Equity

RICs?

– FID 1056 – ISIN code – ISIN code file from exchange, monthly update– http://www.asx.com.au/resources/codes/index.htm

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• ASX RIC search if ISIN, company name or stock code/local code provided:

- Search ISIN, company name or stock code/local code in “Reuters Search”

- If the RIC cannot be found on “Reuters Search”, check add/drop page based on instrument type via <AU/CHANGE1>

- If the RIC cannot be found on add/drop page, check exchange website for upcoming listing companies.

- http://www.asx.com.au/research/companies/floats/upcoming.htm

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• ASX Trading Calendar and Trading Hours- Holidays Speedguide: <ASX/HOLIDAY> via <AU/HOLIDAY>

- Trading Hours: <AU/EXCH2>

- Exchange website:

Trading Calendar: http://www.asx.com.au/about/operational/trading_calendar/asx/2010.htm

Trading Hours: http://www.asx.com.au/resources/education/basics/trading_hours_asx.htm

• ASX Closing Run <CLOSE/RUN10> (follow local time)

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Market Specific - Australia• ASX Equity Trading Features

Trading Types • Trading indicator is supported on FID 1003.

• Detailed trading types (both on-market and off-market) can be found on <AU/TAS1> -12.

• Detailed market trading condition flags updated to FID 118 and status note flags updated to FID 131. Please refer to <AU/STATUS>, <AU/STATUS1>-4.

• Kindly note that ASX has off-market trades.

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• Trade Prices - Verify trade prices on exchange website

To access price information, navigate from homepage at http://www.asx.com.au/

by entering code in the "Prices Search".

e.g. Stocks delayed prices for <BHP.AX>: http://www.asx.com.au/asx/markets/priceLookup.do?by=asxCodes&asxCodes=BHP

e.g. Stocks historical prices for <BHP.AX> (maximum 5 trading days): http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=BHP#closing_prices


• How to find company announcements on ASX website

E.g. <BHP.AX>

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=BHP#headlines

Search for historical announcements:

http://www.asx.com.au/asx/statistics/announcements.do

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• Warrants Speedguide: <AU/WTS1>

• In Australia, warrants are issued by a sponsor (generally a bank) instead of underlying company.

• FID 728 is showing sponsor (issuer) RIC while FID 1000 is showing underlying company code.

E.g for<AGKIMC.AX>, FID 728 is showing issuer RIC <MQB.AX> while FID 1000 is showing underlying company code AGK.

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• How to find warrants details and price information on ASX website?

E.g. <AGKIMC.AX>

Input code “AGKIMC” on ASX website -> Search

http://www.asx.com.au/

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• Company Options Chain RIC <0#OPTIONS.AX>

• How to verify company options details on website?

• http://www.tradingroom.com.au/apps/codeLookup.ac?returnUrl=/qt/quote.ac%3Fcode%3D

• For example <AQQO.AX>

First, enter company option code “AQQO”

Second, select “Company Option” in Security Group

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• Market Depth– Depth of Market SpeedGuide <AU/DOM>

– 20 levels of market depth data

– e.g. <0#BHP.AX>

– e.g. <1BHP.AX> displays best bid/ask1 – 5

<2BHP.AX> displays best bid/ask2 - 10

<3BHP.AX> displays best bid/ask3 - 15

<4BHP.AX> displays best bid/ask4 – 20

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• ASX FID list

Customer Zone FAQ 1032749

– https://customers.reuters.com/a/KnowledgeCentre/Resolution.aspx?id=1032749

– Refer to <FIELDLIST01> -02

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• Indices <AU/INDICES1>– ASX/S&P 200 Benchmark index <.AXJO> constituents

<0#.AXJO>.

– Refer to the chain <0#.AXJOi> for Constituents % Weighting.

• How to verify index price on ASX websitehttp://www.asx.com.au/asx/statistics/indexInfo.do

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Market Specific - Australia• ASX & SFE Futures & Options

– Main Speedguide <AU/FUTEX1>– ASX Futures & Options Speedguide <ASX/FUTEX1>– SFE Futures & Options Speedguide <SFE/FUTEX1>– Holidays: <ASX/HOLIDAY>– Trading hours: refer to contract specification page E.g. <SFE/YBA> for trading hours for 90 Day Bank Bills

Futures – SFE Futures & Options FID list: Customer Zone FAQ ID

1087312

https://customers.reuters.com/a/KnowledgeCentre/Resolution.aspx?id=1087312

– ASX Futures & Options FID list: Customer Zone FAQ ID: 1032749

– https://customers.reuters.com/a/KnowledgeCentre/Resolution.aspx?id=1032749

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• SFE & ASX Futures & options

• Futures RIC Structure– Composite: RIC root + Month code + year Code

– Evening session: 1+ RIC root + Month code + year Code

– Day session: 2 + RIC root + Month code + year Code

– e.g. <YBAZ0> <1YBAZ0> <2YBAZ0>

• Option RIC Structure– Evening Session: 1+ RIC Root + Strike Price + Month Code +

Year Code (e.g. <1YBA94625X0>

– Day Session: 2+ RIC Root + Strike Price + Month Code + Year Code (e.g. <2YBA94625X0>)

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SFE & ASX Futures & Options Practice:

1. Please advise the chain RIC for the SFE 10 Year Treasury Bond Futures.

2. What is the RIC for S&P/ASX MINI 200 Futures Dec 10 contract ?

3. What are the trading hours of SFE NZ 30 Day Cash Rate Futures contracts?

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• <CLOSE/RUN10>– ASX & SFE derivatives closing run time (follow local time)

– Settlement price updates at FID 70

– Historical close price (FID 21) is copying value from last trade price (FID 6 ) instead of FID 70

– For SFE futures (e.g. <YBAZ0>), refer to FID 1379 for previous settlement price

– For ASX futures (e.g. <AXJOZ0:AX>), refer to TS1 for historical settlement prices

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Market Specific – Australia• ASX LEPO (Low Exercise Price Option)

– <AU/LEPO> for Contract Specifications & Trading Hours

– Chain RIC: <AXLEPO>

– How to verify price on ASX website Input official code (FID 78) on ASX website: http://www.asx.com.au/ E.g. <ASXFH8.AX> input code ASXFH8 on “Price Search"

– Refer to below ASX website for more information about LEPO http://www.asx.com.au/products/options/lepos.htm

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• Pricing verification for SFE & NZ futures & Options

- Delayed prices

http://www.asx.com.au/research/market_info/index.htm

http://www.asx.com.au/sfe/delayed_sfe_futures.htm

http://www.asx.com.au/sfe/delayed_sfe_options.htm

- Historical prices (only five days’ historical data available)

http://www.asx.com.au/sfe/daily_monthly_reports.htm

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• Pricing verification for ASX Futures & Options

- Delayed prices

http://www.asx.com.au/asx/markets/futuresPrices.do

Type in up to ten ASX futures contract codes (usually a five letter code) separated by spaces and click GO.

E.g <AXJOF1:AX>, type in “XJO1F” (supported in FID 78)

http://www.asx.com.au/asx/markets/optionPrices.do

Type in up to ten ASX Options Series Codes

E.g <AXJO4000X0.AX>, type in “XJOJE8” (FID 78)

- Historical prices not available for ASX Futures & Options

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• SFE Strip Trading

- SFE Strip: <SFE/FUTEX5> -6

- How to verify strip price on website:

http://d-cyphatrade.com.au/market_futures#A

- SFE Strip Option: <SFE/FUTEX7> -8

- How to verify strip option price on website:

http://d-cyphatrade.com.au/market_options#AN

market specific - australia. 2 agenda exchange background asx equities & warrants & company...

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