A spokeswoman for Tricom said the special crossings were cancelled because the stock transfer was effected another way.
''Tricom took action to ensure all clients potentially affected by the Opes issue now have their stock back,'' she said, without elaborating.
The ASX said its primary focus now is ensuring the listed companies involved in the crossings ''are aware of the cancellations and can factor this information into their disclosure to the market.'' The statement said the ASX plans to review the circumstances of the original crossing.
Among the companies involved in the crossings, Hedley Leisure's shares remain suspended. The company said today it is awaiting more information on the special crossings.
Tricom's transactions came several days after trading activities of Opes Prime were suspended, pending investigations by the Australian Securities and Investments Commission (ASIC).
Opes Prime was placed into receivership and administration on Thursday, owing about $1.05 billion to secured creditors including the ANZ Bank and Merrill Lynch. Some 1200 investors, though, face losses amounting to possibly hundreds of millions of dollars.
One senior equities trader who didn't want to be named said ANZ Bank, the major lender to both Tricom and Opes Prime, is believed to be behind the cancellations of the special crossings.
ANZ doesn't want to contend with the failures of both Tricom and Opes, both of which owe it millions, the trader said.
The cancellations would allow ANZ to simplify the liquidation process, the equities trader said.
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