BHP 0.48% $41.56 bhp group limited

bhp up in the us despite dow down 3pc, page-41

  1. 1,734 Posts.
    Yeah there is an announcement but it's on the ASX extranet (for brokers etc) - so this pdf link will unfortunately only go to the login page: https://www.asxonline.com/intradoc-cgi/groups/participant_services/documents/communications/asx_022011.pdf

    I've tried to cut and paste from the PDF to give y'all an idea of the content - apologies for the lack of formatting, was best I could capture.

    ASX MARKET RULES PROCEDURES CHANGES TO NET SHORT POSITION REPORTING REQUIREMENTS Colin Scully Authorised by Date: 23 September 2008 Key topics 1. Amendments to net short position reporting requirements in ASX Market Rules Procedures. Reading List Contact No responsibility is accepted for any inaccuracies contained in the matter published. Client Advisers Compliance Managers DTR Operators Institutions Office Managers Operations Managers (back office) Share Registries ASX Limited ABN 98 008 624 691 Exchange Centre 20 Bridge Street Sydney NSW 2000 PO Box H224 Australia Square NSW 1215 Internet: http://www.asx.com.au David Raper, Operations – 02 9227 0308 David Lawrence, Supervision - 02 9227 0677 1. ASX Market Participants were advised on 19 September 2008 of changes to the reporting requirements in respect of their “net covered short positions” as defined in ASIC Class Order 08/751(refer to ASX Circular 466/08). 2. ASX Market Participants were further advised on 22 September 2008 of the continued applicability of the changed reporting requirements to those Market Makers and Warrant Market Makers who are exempt from the prohibition on covered short selling imposed by ASIC Class Order 08/752 (refer to ASX Circular 469/08). 3. ASIC has also advised that it will provide relief to enable persons engaging in arbitrage transactions in relation to the securities of dual listed entities to make covered short sales of the relevant securities in Australia (refer to ASX Circular 470/08). 4. ASX has formalised the changes to the reporting requirements in the ASX Market Rules Procedures (refer to ASX Market Rule Procedures 19.6.1 and 19.6.2). 5. The effective date for the Procedure amendments is 22 September 2008. As noted in the amended Procedures, “net covered short positions” in terms of subsection 1020BC(4) of the Corporations Act 2001 (Cth) must be included in Trading Participants’ net Short Sale position reports from Tuesday 23 September 2008 for positions as at 7.00pm Monday, 22 September 2008. 6. Attachment A, which shows the Procedure amendments in mark up, is provided for your information only. 7. Links to ASIC Class Orders 08/751 and 08/752 (which are referred to in the amended Procedures) are set out below: ASIC Class Order 08/751 ASIC Class Order 08/752
 
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$41.56
Change
-0.200(0.48%)
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Open High Low Value Volume
$41.75 $41.77 $41.43 $72.72M 1.749M

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No. Vol. Price($)
9 2113 $41.56
 

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Price($) Vol. No.
$41.57 1908 9
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