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ARTICLE · 01 APRIL 2025

How does the end of daylight saving affect your ASIC reporting?

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2 tips to help you ensure your trades/transactions are reported at the correct time.

AustraliaFinance and Banking
Sophie Gerber
Sophie Gerber
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Daylight Saving Time (DST) ends this weekend (Sunday, 6 April 2025) in Australia for most states. This means you'll need to check your ASIC OTC derivative reporting is using the correct time settings after the time change.

Here are 2 tips to help you ensure your trades/transactions are reported at the correct time:

1. Check the Time fields in your handback files

It's important to do the following check when you receive handback files for trades carried out after DST ends. Act promptly if there is any problem.

Cross check the time of your trades against the UTC time recorded under the following DTCC fields:

  • ExecutionTimestamp field in your handback file. This field must match your trade Open Time.

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