Exchange Rules
BSP Rules Exchange Rules v3.0
BSP Rules Exchange Rules v3.0
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EXCHANGE RULES<br />
v3.0<br />
accordance with the detailed provisions in the <strong>Rules</strong> for Admission of <strong>Exchange</strong><br />
Traders that are adopted in a form of Appendix to these General <strong>Rules</strong>.<br />
(2) Each person can only be admitted as <strong>Exchange</strong> Trader for a maximum of one<br />
<strong>Exchange</strong> Member and any number of the respective <strong>Exchange</strong> Member’s Affiliate<br />
Members at any given time.<br />
(3) <strong>Exchange</strong> Traders have to be nominated by <strong>Exchange</strong> Member for the designated<br />
Markets that <strong>Exchange</strong> Member and/or its Affiliate Members have been admitted<br />
to. BSP shall approve the <strong>Exchange</strong> Traders individually and according to<br />
provisions in the <strong>Rules</strong> for Admission of <strong>Exchange</strong> Traders.<br />
(4) Market Supervision or Market Monitoring shall immediately inform <strong>Exchange</strong><br />
Member by suitable means about the revocation or suspension of admission for<br />
Trading and its reasons.<br />
(5) In case the from <strong>Exchange</strong> Participant nominated <strong>Exchange</strong> Trader that is only<br />
partially compliant with <strong>Rules</strong> for Admission of <strong>Exchange</strong> Traders, Market<br />
Supervision may issue a temporary admittance of <strong>Exchange</strong> Trader, but only for a<br />
period that is not longer than 3 months. In case of non-compliance with <strong>Rules</strong> for<br />
Admission of <strong>Exchange</strong> Trader after the defined period the temporary admittance<br />
expires.<br />
(6) The <strong>Exchange</strong> Participant shall at all times provide the personnel who are required<br />
for Trading and take satisfactory organisational precautions.<br />
3.6.1 Exclusion and Suspension From Trading<br />
(1) Exclusion from Trading of <strong>Exchange</strong> Trader, either in its entirety or limited to<br />
individual Markets, may result from:<br />
BSP Energy <strong>Exchange</strong> LL C Copyright 2019 All rights reserved<br />
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