The Capital Markets (Commodity Markets) Regulations

34. Trading system and platform

Edition: 2022-12-31 · In force

(1)Every trade on a commodity exchange shall take place on -

(a)the trading system of the commodity exchange;

(b)an electronic platform provided by a commodity exchange; or

(c)such other facility a commodity exchange provides, subject to the approval of the Authority.

(2)The trading system deployed under paragraph (1) shall—

(a)be integrated with a clearing and settlement system;

(b)have an online screen-based trading system for providing direct market access up to the client level via the internet;

(c)be integrated with the electronic central registry of the warehouse operators prescribed under the Warehouse Receipt System Act; and

(d)have an effective risk management framework.