Released 27 August 2025. Comments close 22 October 2025.
This consultation paper sets out our proposals to amend the trading systems obligations in the ASIC Market Integrity Rules (Securities Markets) 2017 and the ASIC Market Integrity Rules (Futures Markets) 2017.
The proposed amendments aim to:
- modernise the trading systems obligations to reflect current trading practices, technology and risks
- drive greater consistency between the trading systems rules for securities and futures markets, and
- clarify and reduce complexity in certain rules.
We are seeking the views of interested stakeholders on our proposals.
Download
- CP 386 Proposed amendments to the ASIC market integrity rules: Trading systems and automated trading (PDF 396 KB)
- Attachment 1 to CP 386: Draft ASIC Market Integrity Rules (Securities Markets) 2017 (PDF 1.8 MB)
- Attachment 2 to CP 386: Draft ASIC Market Integrity Rules (Securities Markets) 2017 (PDF 3.2 MB)
- Attachment 3 to CP 386: Draft ASIC Market Integrity Rules (Futures Markets) 2017 (PDF 1.1 MB)
- Attachment 4 to CP 386: Draft ASIC Market Integrity Rules (Futures Markets) 2017 (PDF 3.3 MB)
Feedback on CP 386
Released on 24 September 2026
ASIC received nine non-confidential and seven confidential submissions. We have summarised key feedback on the proposals consulted on under CP 386 and our responses.
Summary of feedback table to CP 386 (PDF 354 KB)
In response to feedback, ASIC is also consulting on updating Regulatory Guide 265 Guidance on ASIC market integrity rules for participants of securities markets and Regulatory Guide 266 Guidance on ASIC Market Integrity rules for participants of futures markets.
See CS 63 Proposed updates to RG 265 and RG 266 and withdrawal of RG 241
Submissions
(non-confidential submissions)
Related information
- ASIC moves to modernise trading system rules to keep pace with technology and AI (27 August 2025)
- ASIC Market Integrity Rules (Securities Markets) Amendment Instrument 2026/574
- ASIC Market Integrity Rules (Futures Markets) Amendment Instrument 2026/575
- 26-226MR ASIC strengthens AI trading safeguards and streamlines market integrity rules (24 September 2026)
- CS 63 Proposed updates to RG 265 and RG 266 and withdrawal of RG 241