The purpose of the BBSW Trade and Trade Reporting Guidelines
The BBSW Guidelines are intended to provide clarity to market participants on practices to be followed when trading Prime Bank paper as well as outline the obligations on participants and Approved Trading Venues (ATVs) in reporting transactions to the Administrator. The guidelines cover:
- Governance duties for different types of Market Participants,
- Expectations of Market Participants when trading,
- Requirements for trade reporting and documentation, and
- Management of trade amendments and cancellations.