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Exchange Rules

BSP Rules Exchange Rules v3.0

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EXCHANGE RULES<br />

v3.0<br />

(2) For each Market, the Market Definition shall, in accordance with these General<br />

<strong>Rules</strong>, the Trading <strong>Rules</strong> the Clearing <strong>Rules</strong> and Products Definition, lay down at<br />

least the following:<br />

• the requirements for admission to Market Participation;<br />

• the Products available;<br />

• the Trading schedule;<br />

• the manner of Clearing for the Transactions in the Market;<br />

• the calculation of required Financial Guarantees.<br />

3.4 Trading Platform<br />

(1) Trading System of BSP is a fully electronic platform.<br />

(2) <strong>Exchange</strong> Participants transfer their orders from their workstations operated by<br />

their <strong>Exchange</strong> Traders to the Trading System by means of electronic transmission.<br />

BSP may allow usage of other transfer methods. BSP will inform the <strong>Exchange</strong><br />

Participants of this method by the most suitable means.<br />

(3) Trading System enables <strong>Exchange</strong> Participants through their appointed<br />

representatives (<strong>Exchange</strong> Traders) to enter Orders and conclude Transactions on<br />

the <strong>Exchange</strong> and also access and download historical data on their previous<br />

actions in the Trading System.<br />

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

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