Document ID: chunk:federal_register_of_legislation:F2024C01108:front:0:p60
Version: federal_register_of_legislation:F2024C01108
Segment Type: other
Provision Reference: 
Character Range: 159245–162510

of its obligations under Rules 4.1.1 and 4.1.2 may be met by relying on records maintained electronically as set out in Rule 4.1.6.

4.1.6 Conditions for reliance on the Market operator records
(1) Where the records of the Trading Participant:
 1.         are able to connect a DTR identifier with a particular DTR; and
(b)       identify the person, or any other persons, receiving the instructions, generating an order or making a decision (if not the DTR) and a DTR is capable of being connected to a particular Trading Record or sequence of events,
a Trading Participant may:
 1.         when dealing for clients satisfy certain of its obligations in relation to paragraphs 4.1.1(2)(g), 4.1.1(2)(h) and 4.1.1(2)(i); or
(d)       when dealing on its Own Account, satisfy certain of its obligations in relation to subparagraphs 4.1.2(2)(a)(i) to (iv), paragraphs 4.1.2(2)(b), 4.1.2(2)(d), 4.1.2(2)(e) and 4.1.2(2)(f),
by relying on records maintained by a Market operator, but only to the extent permitted by subrule (2).
(2) For the purposes of subrule (1), the Market Participant may satisfy the obligation specified in column 1 of the following table by relying on records maintained by a Market operator in the circumstances specified in column 2 of the following table:

Column 1:                                                                                                                                                          Column 2:
A Market Participant may satisfy the obligation:                                                                                                                   by relying on records maintained by a Market operator in the following circumstances:
under paragraph 4.1.1(2)(g) to maintain records of the name of the DTR who entered a Trading Message into a Trading Platform of a Market                           where the DTR identifier is contained in the Trading Message and recorded by the Trading Platform of the relevant Market (the DTR who entered the Trading Message being taken to be the DTR whose identifier is so recorded)
under paragraph 4.1.1(2)(h) to maintain records of the time of the Trading Message                                                                                 where the Trading Platform of the relevant Market records the time the Trading Message was entered into the Trading Platform
under paragraph 4.1.1(2)(i) to maintain records of the date and time that a Trading Message gives rise to a Market transaction                                     where the Trading Platform of the relevant Market records the date and time of effecting of the Market transaction
under subparagraph 4.1.2(2)(a)(i) to maintain records of the name of a person who made the decision, where that person is the DTR who entered the Trading Message  where the DTR identifier is contained in the Trading Message and recorded by the Trading Platform of the relevant Market (the person who made the decision being taken to be the DTR whose identifier is so recorded)
under subparagraph 4.1.2(2)(a)(ii) to maintain records of the financial products to be bought or sold                                                              where the financial products are entered into the Trading Platform of the