Exchange Rules

EXCHANGE RULES
v3.0
Orders at the best possible buy and sell price limits indicated in the Order Book.
In the event that the prices of buy Orders are identical to prices of sell Orders or
higher, Orders of the same Product are matched in the order in which they were
entered into the Trading System (price-time priority), respecting the restrictions in
the individual Orders.
(4) BSP may set that both intraday continuous and auction Trading are used in a
particular Market. In such a case, BSP may set the transition between both and the
manner of determining the Market Indices for this Market in the Trading Rules.
3.7.2 Exchange Hours and Trading Periods
(1) The moment of opening and closing of an individual Market and also the time of
the commencement and the end of the individual phases of Trading for each
Product shall be determined in the Trading Rules.
(2) BSP may extend or reduce the duration of individual phases as well as the
commencement and closing of trading of any Product on any given Trading Day
to the extent necessary to maintain orderly Trading conditions or for reasons
relating to the Trading System or other systems used by the BSP. BSP shall
immediately inform Exchange Participants thereof by suitable means.
3.8 Products on the Exchange
(1) Products Definition is adopted as a Definition by BSP.
(2) BSP shall decide which Products shall be admitted to the individual Markets.
Condition for the introduction of a Product is that maintenance of orderly Trading
and Clearing can be expected. Details are regulated in the Appendices to these
General Rules.
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