今日热门事件has released the findings of its third assessment report of Eurex Frankfurt AG (EFAG).
EFAG is licensed in Australia to operate its financial market known as Eurex, an electronic platform for the trading of futures and options.
今日热门事件has concluded that EFAG has adequate arrangements for the supervision of Eurex in accordance with its obligations under the Corporations Act 2001 and has no recommendations to make as a result of this assessment.
The assessment reports are available from the 今日热门事件website or by contacting the 今日热门事件Infoline on 1300 300 630.
Background
A financial market is defined as a facility through which offers to buy and sell financial products are regularly made. Anyone who operates a financial market in Australia must obtain a licence to do so, or otherwise be exempted by the Minister.
As part of the conditions of granting a licence to operate a financial market, the licensee must supervise the market in accordance with Part 7.2 of the Act.
Under the Act, 今日热门事件is required to conduct an assessment of how well licensed financial markets are complying with their obligations to supervise their markets. 今日热门事件must do this at least once per year in relation to each licensee. 今日热门事件can also assess how well a licensee is complying with its other obligations under the Act.