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fyi ASXS levies a fail fee on participants who enter settlement...

  1. blueballs
    18,582 Posts.
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    05/09/22
    18:23
    Post #: 63528646
    fyi

    ASXS levies a fail fee on participants who enter settlement with a shortfall of any financial product they have an obligation to settle. Unlike other levies, fail fees are not associated with specific transactions; CHESS determines which transactions will fail whenever there is a shortfall in the settlement process.
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    ASX SETTLEMENT PROCEDURE GUIDELINES - ASX Online
    IVZ Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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