Document ID: chunk:federal_register_of_legislation:F2024C01108:front:0:p37
Version: federal_register_of_legislation:F2024C01108
Segment Type: other
Provision Reference: 
Character Range: 98838–101669

Warrant on a Market, the Market Participant must give the person a copy of any current explanatory booklet in respect of Warrants published by the operator of the relevant Market, together with any updates to that explanatory booklet published by that Market operator, if it is the first time an Order in respect of Warrants is accepted from the person.
(4) A Market Participant is not required to comply with subrule (1), (2) or (3) if the person from whom the Order is accepted is a wholesale client, unless the person expressly requests it.
(5) For the avoidance of doubt, a Market Participant is not required to comply with subrule (3) if the person from whom the Order is accepted is entering into a Market transaction to sell Warrants.

3.1.3 Information to be given to a client: Execution arrangements
(1) Before accepting an Order from a person (the Client) to enter into a Market transaction, if a Market Participant does not have Trading Permission to execute that Market transaction on the relevant Market, the Market Participant must give the Client a document which clearly discloses the execution arrangements in place for the Market transaction including, without limitation:
 1.         the name, principal telephone number and principal business address of the Trading Participant which executes the Market transactions of the Market Participant; and
(b)       the extent of any NGF coverage, or coverage under other Compensation Arrangements, of the Market transaction.
(2) A Market Participant is not required to comply with subrule (1) in relation to a Client where, at the time the obligation to comply with subrule (1) would arise, all of the following are satisfied:
 1.         the Market Participant has already given the Client a document that complies with subrule (1) with respect to execution arrangements the Market Participant has in place for executing the Client's transactions on a Market;
(b)       the Market Participant proposes to rely on the execution arrangements referred to in paragraph (a) for the purposes of executing the Client's transactions on the Market referred to in subrule (1); and
(c)        the Market Participant notifies the Client in writing of any material change to the execution arrangements referred to in paragraph (a), including, without limitation, any changes to the matters referred to in paragraph (1)(a) and (b).

3.1.4 Information to be given to a client: Clearing arrangements for Equity Securities, Loan Securities or Warrants
(1) Before accepting an Order from a person (the Client) to enter into a Market transaction for an Equity Security, Loan Security or Warrant, if a Market Participant:
 1.         is not a Clearing Participant, who is permitted under the Clearing Rules to clear the Cash Market Transaction; or
(b)       is a Clearing Participant who