Exchange Rules

EXCHANGE RULES
v3.0
or a Shareholders’ Agreement is entrusted with the management of the business
of the Exchange Participant. In order to ensure this the Management can demand
additional information and documents under analogous application of paragraph
(3) above.
2.4.4 Cease and Suspension of Membership
(1) Cease of either Exchange Participation or Market Participation may results from:
a) resignation from respective admission by Exchange Participant;
b) withdrawal of respective admission by the Management;
c) revocation of respective admission by the Management.
(2) Suspension of either Exchange Participation or Market Participation may result
from the Management’s decision on suspension of respective admission.
(3) An Exchange Participant can resign from admission as either Exchange Participant
or Market Participant with a written notice submitted to the Management.
(4) The Management may withdraw admission of an Exchange Participant or its
Market Participation should one of the admission requirements prove not to exist
upon admission.
(5) The Management may revoke admission of an Exchange Participant or its Market
Participation if:
a) one of the admission requirements ceases to be satisfied after admission;
b) Exchange Participant fails to provide financial guarantees determined for its
activities;
BSP Energy Exchange LL C Copyright 2019 All rights reserved
37