Looking into futures trades
ASIC is making enquiries into recent trading of futures contracts in the Share Price Index on the Sydney Futures Exchange.
ASIC’s enquiries centre on the circumstances surrounding unusual trading in SPI futures ahead of AMP Limited’s announcement of its demerger plans.
The commission has described the enquiries as "preliminary", to better determine what occurred, and has stated "there is no evidence that AMP itself was in any way concerned in the trading".
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