Risk management for electronic trading platforms requires resilient systems, access controls, market-abuse prevention, and safeguards for algorithmic access. Electronic Trading Platform Operators must maintain risk-management systems, participant access controls, resilient trading systems, order-threshold ... Summary
Risk management for electronic trading platforms requires resilient systems, access controls, market-abuse prevention, and safeguards for algorithmic access.
Electronic Trading Platform Operators must maintain risk-management systems, participant access controls, resilient trading systems, order-threshold controls, trading halts for significant price movements, and error-trade management procedures. They must prevent and report Market Abuse. Algorithmic Trading System access requires disclosure to other Participants, prior testing to protect normal platform operations, and adequately trained and qualified personnel.
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