Participants must submit short sale reports by 9am on T+1 in the format described in the Short Sale Submit Facility instructions in the Guide to Reference Data document. Cboe Australia will then publish a consolidated report by 10 am on T+1. Please note that Cboe Australia will keep a record of participants that submit late reports after 9am.
17 Aug 2022
Chi-X Short Sell 20220817.900.csv
16 Aug 2022
Chi-X Short Sell 20220816.900.csv
15 Aug 2022
Chi-X Short Sell 20220815.900.csv
12 Aug 2022
Chi-X Short Sell 20220812.900.csv
11 Aug 2022
Chi-X Short Sell 20220811.900.csv
10 Aug 2022
Chi-X Short Sell 20220810.900.csv
09 Aug 2022
Chi-X Short Sell 20220809.900.csv
08 Aug 2022
No reports submitted this morning
05 Aug 2022
Chi-X Short Sell 20220805.900.csv
04 Aug 2022
Chi-X Short Sell 20220804.900.csv
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Short selling of Cboe Australia unique products
The Corporations Act 2001 (Cth) and Corporations Regulations 2001 (Cth) impose both transactional and short position reporting requirements on Cboe Australia participants.
The short sale transaction reports for ASX listed/quoted products are reported to and published by ASX irrespective of whether they were traded on Cboe Australia or ASX.
The launch of Cboe Australia unique instruments has resulted in the introduction of a Cboe Australia short sale reporting facility for short sale activities in products that are quoted uniquely on Cboe Australia such as TraCRs and Warrants.
What is short selling?
Short selling is an activity where a person enters into an agreement to sell a security they do not currently own with a view to purchasing the security later at a lower price.
Short selling encourages liquidity and price efficiency in the market and can indicate what ‘professional money’ is doing. A large increase or decrease in the number of short positions a company has can be an early indicator of shifting investor sentiment.
The advantages of short selling include profiting from falling share prices in a falling market and the ability to hedge your portfolio with short positions to reduce the number of declines in trending markets. The disadvantages include administration costs and the risk of the price of a share increasing continuously.
Short sale transaction reporting
Short sale transaction reporting is the daily reporting of shares that are short sold by a participant. Participants with short positions in Cboe Australia unique products must lodge gross short sale transaction reports with Cboe Australia before 9am the day after the date of the short sale.
The reports lodged with Cboe Australia must contain the following information specified in regulation in 7.9.100:
Cboe Australia then publishes the total number of each kind of share short sold on a particular day (see reports above).
Short position reporting
Short position reporting is the reporting of the difference in the number of shares held by an investor or participant and the amount they have an obligation to deliver. Participants must lodge short positon reports (on their own behalf or investors’ behalf) with ASIC before 9 am 3 days after the date of the short sale. Participants must send their short position reports to ASIC electronically using FIX protocol ‘position report’ messages. ASIC aggregates the reports and publishes short sale data showing the number of shares on issue currently reported to ASIC as short sold before 9 am 4 reporting days after the date of the short sale.
Failure to comply with the short selling provisions
Licensees that breach or are likely to breach their short sale reporting obligations maybe required to notify ASIC of that breach under s912 of the Corporations Act.