Exchange Rules
BSP Rules Exchange Rules v3.0
BSP Rules Exchange Rules v3.0
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EXCHANGE RULES<br />
v3.0<br />
rules for passing a resolution of the Market Committee on the motion proposed<br />
by the representative of BSP in the Market Committee.<br />
(4) <strong>Rules</strong> on quorum, elections, passing of resolutions, attendance of other persons<br />
and record-keeping for the Market Committees shall be, by analogy and within<br />
the scope relevant, the same as stipulated for Members Chamber above and also<br />
Regulations of the Members Chamber shall, by analogy and within the scope<br />
relevant, apply to Market Committees.<br />
(5) BSP provides for the secretarial functions of the Market Committees and all the<br />
resources they may need for its work. BSP keeps all the archives of the Market<br />
Committees.<br />
2.4 Membership<br />
(1) <strong>Exchange</strong> Participation comprises membership in both Trading and Clearing<br />
systems of BSP. Notwithstanding the previous provision every <strong>Exchange</strong><br />
Participant shall be deemed as a Clearing Member as well only until BSP<br />
determines otherwise.<br />
(2) Only <strong>Exchange</strong> Participants shall be allowed to participate in Trading and/or<br />
Clearing on the <strong>Exchange</strong>.<br />
(3) <strong>Exchange</strong> Participant may participate in Trading and/or Clearing on the individual<br />
Market upon admission to the respective Market and by fulfilling all the<br />
conditions in accordance with the <strong>Rules</strong>.<br />
BSP Energy <strong>Exchange</strong> LL C Copyright 2019 All rights reserved<br />
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