The ASX released a notice. "ASX........>

AUSSIE BONDS: The ASX released a notice. "ASX received a number of requests to

change the settlement method for the Bank Bill Futures to broaden mkt

participation & reduce settlement risk into expiry. A number of existing &

potential mkt participants have expressed interest in trading the contract &

holding positions closer to expiry but have indicated they face restrictions due

to the existing delivery settlement method. Feedback to date suggests that

moving to cash settlement would increase participation from both swap dealers &

offshore entities. This consultation paper requests feedback from mkt

participants on the proposal to change the settlement process & a number of

implementation options. The paper requests feedback on the imposition of expiry

position limits for a cash settled contract. ASX has also received a number of

requests for other changes to the contract specification & order management

functionality for Bank bill Futures. The paper requests feedback on potential

changes to: the minimum price increments for the front Bank Bill Futures;

increases in the maximum order size; the listing of new serial Bank Bill Futures

contracts; & the development of Good Till Cancel (GTC) spread functionality."