Document ID: chunk:federal_register_of_legislation:F2024C01108:front:0:p68
Version: federal_register_of_legislation:F2024C01108
Segment Type: other
Provision Reference: 
Character Range: 180748–183721

transaction is conducted through that Market Participant or through another Market Participant, unless the Market transaction has been approved in writing in accordance with subrule (4) by a director or partner of the Market Participant or a person with written delegation for that responsibility from a director or partner (other than the Employee concerned).
(2) A Market Participant must obtain a separate approval under subrule (1) for each relevant Market transaction.
(3) A Market Participant must take reasonable steps to ensure that a person who approves a Market transaction under subrule (1) takes into account the circumstances of the proposed transaction and anything which might materially affect the price of the relevant Cash Market Product (or, in the case of a Derivatives Market Transaction, the price or value of the relevant Contract Series) the subject of the Market transaction.
(4) For the purposes of subrule (1), the approval in writing must include:
 1.         all the information required by Part 4.1 for orders, whether or not the Market Participant will be executing the order to which the approval relates; and
(b)       the date and time of approval.
(5) If a Market transaction referred to in subrule (1) is conducted through another Market Participant, that Market Participant must, as soon as practicable after entering into the Market transaction, give to the employing Market Participant a confirmation in respect of the Market transaction.

Part 5.4A Managing confidential Order information

5.4A.1 Protection of Order information
(1A) In this Rule, Order means an instruction to purchase or sell, or an instruction to amend or cancel a prior instruction to purchase or sell:
 1.         an Equity Market Product; or
(b)       a CGS Depository Interest.
(1) A Market Participant must take reasonable steps to ensure its officers and employees do not use or disclose information about Orders received by the Participant or transactions resulting from those Orders unless permitted or required under these Rules or the law.
(2) Subrule (1) does not apply to:
(a)        information about Orders or transactions if that information is generally available;
(b)       Pre-Trade Information about Orders received by a Market Participant if the Pre-Trade Information has been made available by a Market operator under Rule 6.1.2;
(c)        Pre-Trade Information about Orders received by a Market Participant if it is necessary to use or disclose that Pre-Trade Information to execute an Order (including disclosure of the Pre-Trade information in a routing instruction);
(d)       Post-Trade Information about transactions resulting from Orders received by a Market Participant if the Post-Trade Information has been made available by a Market operator under Rule 6.3.4;
(e)        Post-Trade Information about transactions resulting from Orders received by a Market Participant if it is necessary to disclose that Post-Trade Information for