Market Information - Australia

Information for trading on the Australian Securities Exchange

Trading hours

Monday – Friday

Daylight Saving commences from the first Sunday in October till the first Sunday in April.

  • Non-Daylight Saving
    8am – 2pm (Normal Trading Hours)
    2pm – 2.10pm (Pre-Closing Single Price Auction)
    2.10pm – 2.12pm (Closing Single Price Auction)
  • Daylight Saving
    7am – 1pm (Normal Trading Hours)
    1pm – 1.10pm (Pre-Closing Single Price Auction)
    1.10pm – 1.12pm (Closing Single Price Auction)

Singapore time

Pre-closing session is available only for broker-assisted trades


Visit www.asx.com.au for more details 

Currency

AUD

Price quote delay

15 mins

Use CPF

No

Trading Lot

1

Settlement period

T+2 market days


Order Placement

Via iOCBC or your designated Trading Representative

Need help?

1800 338 8688

or contact us online

Commission rates and charges

Minimum bid size

Share price Minimum bid size
Below A$0.10 A$0.001
A$0.10 to $1.995 A$0.005
Above A$2.00 A$0.01

2019 trading holidays

Trading abbreviations

The following trading abbreviations will appear in the “Remarks” column on iOCBC trading platform.To find out more information on the corporate action or trading status on the listed companies, kindly refer to the official websites of the respective Exchanges.

Abbreviation

Corporate Action Description

CD

Cum Dividend

CR

Cum Rights Issue

CT

Conditional Trading

XB

Ex-Bonus

XE

Ex Entitlement

XF

Ex Take Over

XC

Ex Capital Return

PU

Protection Unavailable

XM

Ex Premium Return

XQ

Ex Equal Access Buy Back

XI

Ex Interest

CL

Call Due

CZ

Cum Priority

RE

Reconstructed

XD

Ex-Dividend

XR

Ex Rights Issue

CB

Cum Bonus Issue

CE

Cum Entitlement

CF

Cum Takeover Offer

CC

Cum Capital Return

PA

Protection Available

CM

Cum Premium Return

CQ

Cum Equal Access Buy-back

NX

New Ex Interest

CI

CI - Cum Interest

CP

CP - Call Paid

XZ

XZ - Ex Priority

RA

RA - Receiver Appointed


Abbreviations

Trading Status

OPN

Open

SUS

Suspended

NQ

Enquire

TH

Trading Halt

AUT

Adjust Mode

NDR

Pre Open Notice Received

HRS

Regulatory Trading Halt

AUC

CSPA

CLS

Close

POP

Pre Open

FAS

Late Trading

pOQ

Pre CSPA

OVR

Open Night Trading

SC

Purge orders/System Maintenance

AIS

International Halt

Additional remarks

Declaration form for Australian residency status for tax purposes

All assessment income earned in Australia is subject to taxation. This includes income from corporate actions such as dividends. The amount of tax to be withheld depends on whether the recipient is a resident/non-resident of Australia or in the case of non-resident, if the country has a treaty with Australia. In this aspect, customer is required to make a one-time declaration on their Australian Residency Status and hence the tax rates applicable to him.

Customers who wish to trade in Australia Exchange are required to sign and submit the original declaration form  to OCBC Securities before commencement of trading. 

For more details on the rules and guidelines on Australian Residency for Tax Purposes, you may visit the Australian Taxation Office website at http://www.ato.gov.au.

Order Price Restriction

 

Stock Price

Restriction*

Example of Reject Message

All

Order price cannot be more than 25% away from Last Close

“Price failed profile checks”

All

Order quantity cannot be more than 20-day Average Daily Volume

“Order quantity is xxx% of Average Daily Volume exceeding...” 

< 0.15 AUD

For BUY order, price cannot be more than Reference Price.

 

For SELL order, price cannot be less than Reference Price.

 

“Order price deviation xxx ticks exceeds the maximum limit of 0 ticks from the last traded price”

≥ 0.15 AUD

For BUY order, price cannot be more than 5% higher than Reference Price.

 

For SELL order, price cannot be more than 5% lower than Reference Price.

 

“Order price deviation xxx% exceeds the maximum limit of 5% from the last traded price”


 
*Reference Price is based on the following (in the following order):

 

1. Indicative Auction Price (IAP) during Pre-opening
2. Best Bid/Ask ('Bid' for BUY, 'Ask' for SELL)
3. Last traded price
4. Last closing price