Exchange Rules
BSP Rules Exchange Rules v3.0
BSP Rules Exchange Rules v3.0
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EXCHANGE RULES<br />
v3.0<br />
(2) <strong>Exchange</strong> Arbitration shall decide in panel of 3 arbitrators. Each party appoints<br />
one arbitrator. The two arbitrators thus appointed shall appoint the presiding<br />
arbitrator. In case the two arbitrators cannot agree on the presiding arbitrator,<br />
presiding arbitrator shall be appointed by the president of the <strong>Exchange</strong><br />
Arbitration. In case all parties of a dispute agree, a sole arbitrator can decide such<br />
dispute.<br />
(3) For such dispute resolution a special fee in accordance with the Price List set by<br />
BSP shall be charged.<br />
(4) Decision of the <strong>Exchange</strong> Arbitration shall be final with no appeal available against<br />
it.<br />
(5) Any damage claim or other claim against BSP shall only be considered if the<br />
damage or other fundament of claim has been notified to BSP within thirty (30)<br />
day period from occurrence of such damage or other fundament and if the claim<br />
has been submitted to <strong>Exchange</strong> Arbitration in further thirty (30) day period. Any<br />
person not complying with these time limits shall be deemed to have waived its<br />
claims.<br />
2.9 Fees<br />
(1) BSP shall charge fees to <strong>Exchange</strong> Participants for Trading, Clearing, Membership<br />
and other services in accordance with the valid Price List.<br />
(2) The Management adopts the Price List and it shall enter into force no sooner than<br />
8 days after publication.<br />
BSP Energy <strong>Exchange</strong> LL C Copyright 2019 All rights reserved<br />
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