Australian Securities Exchange (ASX) advises that on the afternoon of 5 October 2007 it was served with a Statement of Claim lodged in the Federal Court of Australia for damages in relation to the cancellation of trades on the Sydney Futures Exchange (SFE) on 25 July 2007.
The applicants named in the Claim are TransMarket Trading Pty Limited, Firehorse Pty Limited, Aminute Pty Limited as Trustee of the Aminute Superannuation Fund, Plutus Commodity Management Pty Limited, Kestrel Trading Pty Limited, and Biskra Aotearoa Limited.
The total Claim is for $985,848.00.
ASX has issued four SFE Notices about the events on 25 July 2007. The outcome of its internal review is available by clicking here:http://www.sfe.com.au/content/notices/2007/notice2007_118.pdf