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AAP
AAP
Derek Rose

ASX pays $1m fine over market transparency breaches

ASX ASIC The Australian Securities and Investments Commission the Australian Securities Exchange Australia Helen Lofthouse
The ASX has been fined $1.05 million for breaches of pre-trade transparency rules. (Steven Saphore/AAP PHOTOS)

The Australian Securities Exchange has paid a $1.05 million penalty to the securities regulator for breaching integrity rules related to market transparency.

The Australian Securities and Investments Commission said on Thursday that the ASX breached pre-trade transparency rules on 8,417 occasions between April 4, 2019 and December 22, 2022 because of an incorrect system configuration.

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