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Exchange Rules

BSP Rules Exchange Rules v3.0

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EXCHANGE RULES<br />

v3.0<br />

(8) Upon cease or suspension of subject admission Market Supervision may<br />

a) remove the affected <strong>Exchange</strong> Participant’s and its <strong>Exchange</strong> Traders’ rights to<br />

trade from the Trading System, either for the period of the duration of<br />

suspension or permanently, in the appropriate scope, and<br />

b) remove from the Trading System all Orders entered by the affected <strong>Exchange</strong><br />

Participant’s <strong>Exchange</strong> Traders from the Markets the <strong>Exchange</strong> Participant’s<br />

admission to has either ceased or been suspended and<br />

c) cancel any Transactions based on the Orders entered by the affected <strong>Exchange</strong><br />

Participant’s <strong>Exchange</strong> Traders it deems necessary for protection of the<br />

<strong>Exchange</strong> and/or <strong>Exchange</strong> Participants.<br />

(9) Upon cease or suspension of subject admission, Market Monitoring may remove<br />

the affected <strong>Exchange</strong> Participant’s and its <strong>Exchange</strong> Traders’ rights to trade from<br />

the Trading System, either for the period of the duration of suspension or<br />

permanently, in the appropriate scope.<br />

(10) Acts by Market Supervision effected in accordance with provisions of the lines a)<br />

and b) of the paragraph (8) above or acts by Market Monitoring effected in<br />

accordance with the paragraph (9) above do not carry any additional cost for the<br />

Market Participant while for cancellation of the Transactions effected in<br />

accordance with provision of the line c) of the paragraph (8) above BSP shall be<br />

entitled to financial reimbursement for the cost related to it in accordance with<br />

the Price List.<br />

BSP Energy <strong>Exchange</strong> LL C Copyright 2019 All rights reserved<br />

39

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