Products
Agility
- ASX Rule S1A
- Batch Reporting
- Data Warehouse
- Electronic Contract Notes
- IRESS Interface
- Billing and Rebate Processing
- Trade Confirmation Reporting
- ETC Generic Gateway
- GBST Databus Interface
- Agile Reporting
- ETO Back-office Platform
Third-Party
ASX Rule S1A - Capital Liquidity
The need to provide a minimum capital standard that covers the inherent risks of a securities business is a well established regulatory principle. As such, Participants of the Australian Stock Exchange (ASX) and the Australian Clearing House (ACH) are required to comply with these capital requirements.
Rule S1A is designed to provide brokers with the ability to produce daily reports to the ASX on their Risk Based Capital Requirements.
As per the ASX rules around Risk Based Capital, Rule S1A separates the capital and risk calculation for Participants into liquid capital and a total risk requirement. The capital requirement for each of these areas of risk will depend on the nature and extent of activities undertaken by the Participant.
Rule S1A utilises the data that resides within a Participants back-office settlement system to produce a series of reports, distributed via email, that include:
- Non Margined and Free Delivery Summary
- Securities Lending and Borrowing Summary
- Principal Positions
- Non-Margined Large Exposure Items
- Top 40 Non-Margined Risk Clients
- Top 40 Free Delivery Risk Clients
- Various Audit Reports - Raw data used for the calculation of the Rule1A Figures
