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Effective date
Date completed
Retailer Reliability Obligation

The AER has completed its annual review on the Market Liquidity Obligation (MLO) exchanges for 2023.

This review as explained in the consultation note below, invited submissions on whether the current MLO exchanges; Australian Securities Exchange (ASX) 24 and FEX Global, meet the relevant criteria to facilitate the trading of MLO products as set out in National Electricity Rules (Rules).

The annual review process for the MLO exchanges is set out in the AER’s Interim MLO Guidelines and clause 4A.G.23(f) of the Rules.

The review concluded that both Australian Securities Exchange (ASX) 24 and FEX Global has met the assessment criteria under clause 4A.G.23(d) and therefore maintains its MLO exchange registration respectively.