Document ID: chunk:federal_register_of_legislation:F2024C01108:reg:4:p6
Version: federal_register_of_legislation:F2024C01108
Segment Type: reg
Provision Reference: reg 4 (pt 6/6)
Character Range: 244044–246456

from the date of the transaction, records that enable the Relevant Participant to demonstrate that the relevant transaction met the criteria for the relevant exception, including, in relation to a transaction executed in reliance on the exception in paragraph (2)(c), a record of the Best Available Bid and Best Available Offer, if applicable, at the time the Transaction was executed.

6.1.2 Operator to immediately make available Pre-Trade Information, subject to exceptions
(1) An Operator must make available Pre-Trade Information for each Market it operates:
(a)        for all Orders received during Trading Hours for the Market, Continuously and in Real-Time; and
(b)       for all Orders received outside of Trading Hours for the Market, by no later than the time Trading Hours next resume,
to all persons in this jurisdiction who have entered into an arrangement with the Operator to access the Pre-Trade Information on that basis.
(1A) An Operator must keep records of the Pre-Trade Information referred to in subrule (1) for a period of seven years.
(2) An Operator is not required to make available Pre-Trade Information in relation to:
(a)        an Order on an Order Book that, if executed, would result in a Block Trade;
(b)       an Order or series of Orders on an Order Book that, if executed, would result in a Large Portfolio Trade; and
(c)        an Order on an Order Book that, if executed, would result in a Trade with Price Improvement.
(3) An Operator must take reasonable steps to ensure that all Pre-Trade Information it makes available under subrule (1) is and remains complete, accurate and up to date.

6.1.3 Operator to make available Pre-Trade Information on reasonable commercial terms and on a non-discriminatory basis
Subject to Rule 9.2.1, where a person in this jurisdiction seeks access to Pre-Trade Information for a Market on or through which offers to acquire or dispose of Relevant Products are made or accepted, the Operator of that Market must make available the Pre-Trade Information:
(a)        on reasonable commercial terms; and
(b)       on a non-discriminatory basis.

6.1.4 Pre-Trade Information—Equity Market Products
For the purposes of these Rules, Pre-Trade Information, in relation to an Order for an Equity Market Product, means the information set out in the following table in relation to that Order.

Item  Label                   Pre-Trade Information