New Zealand Law Society - FMA publishes ASX 24 derivatives market findings

FMA publishes ASX 24 derivatives market findings

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The Financial Markets Authority has published the findings of its obligations review of the ASX 24 derivatives market.

It says the review did not identify and significant issues, and it is generally satisfied that the ASX is meeting the conditions of its market operator licence.

The FMA is required to report at least once every two years on how well ASX 24 is meeting its licensed market operator obligations.

The latest review covers the period 1 July 2016 to 30 June 2018. This is the FMA's second review of ASX 24 since its licence came into effect on 1 December 2014.