Examples of APX in a sentence
A Market Participant must take reasonable steps to ensure that a person who approves a Market Transaction under subrule (1) takes into account the circumstances of the proposed transaction and anything which might materially affect the price of the relevant APX Product the subject of the Market Transaction.
For the purposes of subrule (1), the announcement must be made in writing, by facsimile or electronic delivery to the operator of the APX Market.
For the purposes of subparagraph (2)(c)(i), ASIC may approve, in writing, one or more examinations that, in the opinion of ASIC, assess knowledge and competency in the application of the provisions of these Rules, the Market Operating Rules and the Corporations Act that govern the operation of the APX Market and are relevant to the role performed by Responsible Executives.
All APX Products held for safe custody or whose certificates are held for safe custody must either be registered in the name of the client or the Market Participant’s nominee.
A Market Participant acting on behalf of a Bidder must not offer to buy on behalf of the Bidder APX Products in the Bid Class On-Market during the Bid Period for a price that varies from the consideration offered under the Takeover Bid unless and until an announcement has been made to the APX Market.
Trust accounts APX Market Transactions A Market Participant must establish one or more clients’ trust accounts for money received by the Market Participant in connection with dealings in APX Products.
TitleThis instrument is ASIC Market Integrity Rules (APX Market) 2013.
Announcement of variations to Market Bid A Market Participant acting on behalf of a Bidder in relation to a Market Bid must ensure that the following is announced to the APX Market, in writing: an increase to the price offered for APX Products in the Bid Class; an extension to the Offer Period; a withdrawal of the Market Bid; any other variation to the Market Bid in accordance with the Corporations Act; or if the Market Participant ceases to act on behalf of the Bidder.
A Market Participant must ensure that any Employee or other person who is or will be involved in the business of the Market Participant in connection with the APX Market and, in the case of a body corporate, each director or Controller, is of good fame and character and high business integrity having regard to subrule (2).
Where APX Products are subject to a Market Bid, a Market Participant acting on behalf of another Bidder, must not buy the APX Products in the Bid Class of the Target on behalf of that Bidder unless and until: a Market Bid on behalf of the person pursuant to Rule 6.1.1; or an increase in the price offered under a Market Bid for the APX Products pursuant to Rule 6.1.2, has been announced to the APX Market in accordance with subrule (2).