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1 Definition of Terms.................................................................................................................. 1 2 General Provisions ................................................................................................................... 7 2.1 Products............................................................................................................................ 7 2.2 Transactions ..................................................................................................................... 7 2.3 Orders ............................................................................................................................... 8 2.3.1 Management of Orders ............................................................................................. 8 2.4 Technical Difficulties of an Exchange Participant............................................................. 9 2.5 Cancellation of Order and Mistrade ............................................................................... 10 2.5.1 Cancellation of Order in Auction Trading ................................................................ 10 2.5.2 Mistrade in Continuous Trading .............................................................................. 10 2.5.3 Mistrade in Submission For Clearing ....................................................................... 11 3 Auction Trading ..................................................................................................................... 13 3.1 Orders in Auction Trading .............................................................................................. 13 3.2 Price Determination (the matching algorithms) ............................................................ 14 4 Continuous Trading ............................................................................................................... 17 4.1 Orders in Continuous Trading ........................................................................................ 17 4.2 Account Types ................................................................................................................ 18 4.3 Trade Limits .................................................................................................................... 18 5 Submission For Clearing ........................................................................................................ 19 5.1 Orders in Submission For Clearing ................................................................................. 19 5.2 Account Types ................................................................................................................ 20 5.3 Trade Limits .................................................................................................................... 20


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BSP Trading Rules