Rule Book
 

2 Structure of the Rule Book

1 The Rule Book consists of the following five parts:

I

The Admission section governs admission to participate in trading on the Exchange, the rights, obligations and exclusion of participants, as well as the suspension and termination of participation.

II

The Trading section governs the organisation of trading on the Exchange, including how trades come about.

III

The Clearing and Settlement section describes the clearing and settlement of trades on the Exchange.

IV

The Monitoring and Enforcement section governs how Rule Book compliance and enforcement are monitored, as well as the sanctions that may be imposed in the event of violations.

V

The Final Provisions govern the confidentiality and partial invalidity of the Rule Book, how it may be amended, its binding nature, applicable law, place of jurisdiction, and transitional provisions.

2 The provisions for implementing the Rule Book are laid down in Directives and are an integral part of the applicable rules and regulations.

3 General explanations and technical instructions with regard to participants connection to the Exchange system, as well as the organisation of on-exchange trading, can be found in Guidelines.

4 Notices inform participants about changes to the Rule Book, Directives and Guidelines.




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