ASIC corrected its CFD product-intervention proposal from a claimed extension to 2037 to the existing statutory sunset in April 2031; the implications reach margin netting and digitally settled products.
An exact conversion of FFAJ data shows the scale and velocity of Japan’s retail OTC FX market, while preserving the crucial distinctions among gross turnover, open notional exposure, customer margin and broker revenue.
The exchange operator’s largest asset had an equal liability; the footnotes separate restricted clearing resources, retained interest, default capital and corporate capacity.
Australia’s CFD consultation now specifies a 2031 statutory limit and 16 November response deadline, alongside separate-margin, inducement and digital-settlement proposals.
The highest leverage applies to the first 50,000 USDT of exposure on 21 currency pairs. Larger positions require additional margin at progressively higher rates, and temporary limits can apply around economic announcements.
The CTX and CAM consultation would shape transaction definitions, delivery and the exchange operating model. Existing retail-commodity law already supplies the starting perimeter.