On 2 February 2026, AST ASIC amended instrument to extend exemptions.
- AST ASIC registered ASIC Corporations (Amendment) Instrument 2026/24, which amends the ASIC Corporations (Short Selling) Instrument 2018/745.
- AST ASIC also published explanatory statement regarding instrument 2026/24.
- This instrument is made under s 1020F(1) of Corporations Act 2001 (ASTCA).
- Follows AST GVT February 2023 registered ASIC corporations (short selling) instrument 2018/745.
Highlights of Amendments
- The instrument extends the exemption for market makers of ETFs to include market makers of specified structured products, i.e. exchange traded product or ETP.
- Includes Global X Physical Gold Structured as an approved ETP for hedging purposes during the course of market making in a listed option.
- Aligns the market maker exemption for transactional short selling to also include market makers of specified structured products.
- Makes inconsequential amendments to ensure the language of instrument 2018/745 is market neutral, where appropriate and omitting references to “managed funds” to reflect current naming conventions for exchange traded products.
Effectiveness
- Instrument 2026/24 commences on 3February 2026.
