Business continuity for interoperable trading venues: invoke alternative venue hedges and reserve contracts within prescribed timelines. Mandates Business Continuity for interoperable exchange segments by enabling participants to hedge open positions on alternative trading venues through interoperability and netting where identical or correlated products exist, requires creation of reserve contracts for exclusively listed scrips and consideration of correlated index products where absent, and prescribes notification and invocation timelines plus a joint Standard Operating Procedure detailing roles, systems changes, and rule amendments to be implemented and reported to the regulator.
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Business continuity for interoperable trading venues: invoke alternative venue hedges and reserve contracts within prescribed timelines.
Mandates Business Continuity for interoperable exchange segments by enabling participants to hedge open positions on alternative trading venues through interoperability and netting where identical or correlated products exist, requires creation of reserve contracts for exclusively listed scrips and consideration of correlated index products where absent, and prescribes notification and invocation timelines plus a joint Standard Operating Procedure detailing roles, systems changes, and rule amendments to be implemented and reported to the regulator.
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