Contents
- 1. Trading venues shall ensure that their trading systems hav…
- 2. The elements of a trading system to be considered for the…
- 3. Trading venues shall assess whether the capacity of their…
- 4. Trading venues shall ensure that their systems are able to…
- 5. Trading venues shall immediately make public and report to…
2.The elements of a trading system to be considered for the purposes of paragraph 1 shall be those supporting the following activities:
(a)upstream connectivity, order submission capacity, throttling capacities and ability to balance customer order entrance through different gateways;
(b)trading engine which enables the trading venue to match orders at an adequate latency;
(c)downstream connectivity, order and transaction edit and any other type of market data feed;
(d)infrastructure to monitor the performance of the abovementioned elements.
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