Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:1:p89
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 1 (pt 89/148)
Character Range: 554109–556937

and used, in order to ensure that it has complied with its obligations in Chapter 7 of the Act, and, in particular, the obligation contained in subparagraph 792A(1)(c)(i) of the Act;
 (c) an analysis of the extent to which the market licensee considers that the activities undertaken, and resources used, have resulted in full compliance with all its obligations under Chapter 7 of the Act.

Division 2—The market's operating rules and procedures

7.2.07  Content of licensed market's operating rules
  For subsection 793A(1) of the Act, the following matters are matters with which the operating rules of a licensed market must deal to the extent that a matter is not dealt with in the market integrity rules:
 (a) access to the licensed market, including the criteria for determining persons who are eligible to be participants;
 (b) ongoing requirements for participants, including:
 (i) the conduct of participants in relation to the licensed market with the objective of promoting honesty and fair practice; and
 (ii) provision for the monitoring of participants' compliance with the operating rules; and
 (iv) provision for the expulsion or suspension of, or enforcement action against, a participant for breaches of the operating rules; and
 (v) provision for the expulsion or suspension of a participant for breaches of Chapter 7 of the Act, or regulations made under that Chapter; and
 (vii) provision for the expulsion or suspension of, or enforcement action against, a participant for a failure or expected failure to meet the participant's obligations under commitments entered into on the licensed market;
 (c) execution of orders;
 (d) the way in which disorderly trading conditions are to be dealt with, including disruptions to trading;
 (e) the class or classes of financial products that are to be dealt with on the licensed market by participants, including:
 (i) a description of the nature of each class of financial product; and
 (ii) for a class of derivatives, if most of the terms of the arrangement constituting the derivative are determined in advance by the market operator (including price, if determined in advance):
 (A) the standard terms of the arrangement that constitutes the derivative; and
 (B) a description of the asset, rate, index, commodity or other thing that is used for the matters mentioned in paragraph 761D(1)(c) of the Act;
 (f) the terms of the contract formed between participants that enter into a transaction through the licensed market (to the extent to which paragraph (e) does not require that information);
 (g) if appropriate, the listing of entities, including:
 (i) admitting an entity to the official list of the licensed market for the purpose of enabling financial products of the entity to be traded on the licensed market, and removing an entity from the official