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Exchange Rules

BSP Rules Exchange Rules v3.0

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EXCHANGE RULES<br />

v3.0<br />

3 Trading<br />

3.1 General Definition of the <strong>Exchange</strong> Market<br />

(1) The <strong>Exchange</strong> is an organised Trading place where demand and supply are<br />

matched through the fully automated electronic platform, Trading System of BSP.<br />

(2) The <strong>Exchange</strong> is organised by BSP.<br />

(3) The rules for the implementation of an individual Market are set forth in the<br />

Appendices to these General <strong>Rules</strong>.<br />

3.2 <strong>Exchange</strong> Trading<br />

(1) Trading on the individual Market shall only be allowed to <strong>Exchange</strong> Participant<br />

admitted to respective Market in accordance with the <strong>Rules</strong>.<br />

(2) <strong>Exchange</strong> Participant may trade in the individual Market upon admission to the<br />

respective Market and by fulfilling all the conditions in accordance with the <strong>Rules</strong><br />

and applicable laws.<br />

3.3 Trading Conditions<br />

(1) General <strong>Rules</strong> and Appendices lay down the conditions under which BSP may<br />

implement Trading in new Products and with new types of Orders, implement new<br />

matching algorithms, as well as terminate or suspend trading with a specific<br />

standardised product or specific types of Orders.<br />

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

45

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