Exchange Rules

EXCHANGE RULES
v3.0
Table of Contents
1 Definition of Terms .................................................................................................................. 1
2 General Provisions ................................................................................................................. 15
2.1 Line of Business .............................................................................................................. 15
2.2 General Principles........................................................................................................... 15
2.2.1 Rules ........................................................................................................................ 15
2.2.1.1 Applicable Law.................................................................................................. 15
2.2.1.2 Amendments to the Rules ................................................................................ 16
2.2.2 Interpretation Notes ............................................................................................... 16
2.3 Exchange Bodies ............................................................................................................. 17
2.3.1 Management ........................................................................................................... 18
2.3.2 Market Monitoring and Market Supervision.......................................................... 19
2.3.3 Exchange Arbitration ............................................................................................... 19
2.3.4 Members Chamber and Exchange Council ............................................................. 20
2.3.5 Market Committees ................................................................................................ 26
2.4 Membership ................................................................................................................... 28
2.4.1 Exchange Participation ............................................................................................ 29
2.4.1.1 Exchange Member............................................................................................ 29
2.4.1.2 Affiliate Member .............................................................................................. 31
2.4.2 Market Participation, Market Maker and Liquidity Provider .................................. 31
2.4.2.1 Market Participation ........................................................................................ 32
2.4.2.2 Market Maker................................................................................................... 33
2.4.2.3 Liquidity Provider ............................................................................................. 33
2.4.3 Admission ................................................................................................................ 34
2.4.4 Cease and Suspension of Membership ................................................................... 37
2.5 Technical Support ........................................................................................................... 40
2.6 Exceptional Circumstances ............................................................................................. 40
2.7 Limitations of Liability .................................................................................................... 41
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