Exchange Rules

EXCHANGE RULES
v3.0
(3) Application for admission shall be submitted to BSP in writing using the required
form. Application for admission shall be accompanied by documents
demonstrating applicant’s eligibility for admission in accordance with the
applicable laws and the Rules. The Management may require of the applicant to
provide further evidence proving its eligibility at any time and within certain time
limits. In this respect the Management may, after a due assessment of the
circumstances, either itself or through an agent, conduct an examination of the
applicant at the applicant’s expense and require the applicant to submit such
statements and documents as it may deem appropriate. In addition, information
may be requested from third parties, whereby the applicant must be given prior
notice of such request.
(4) Application for Affiliate Membership may be filed simultaneously with application
for Exchange Membership of the applicant wishing to enter into Affiliate
Membership Agreement with the applicant for Affiliate Membership upon
admission to Exchange Membership. Applications for admission both to the
Market and as Market Maker can be filed simultaneously with application for
admission as Exchange Participant. For the procedural purposes each respective
application for admission shall be deemed as a separate application filed in the
moment of the Management issuing decision on admittance either to Exchange
Participation or Market Participation, if the respective admission depends on
another admission.
(5) Upon receipt of the application for admission the Management shall commence
the procedure for admission by appointment of the rapporteur to the
Management for the respective application for admission. The Management shall
take a decision thereon within 30 days of receipt of complete application for
admission, compliant with the Rules and applicable laws.
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