• System Resilience

    • CRA-5.1.4

      Licensees must have in place effective systems, procedures and arrangements to ensure that their IT systems including the trading and settlement systems, are resilient, have sufficient capacity to deal with peak order and message volumes, are able to ensure orderly trading under conditions of severe market stress, are fully tested to ensure such conditions are met and are subject to effective business continuity arrangements to ensure continuity of their services if there is any failure of their trading systems.

      Added: April 2023

    • CRA-5.1.5

      Licensees must continuously monitor the utilisation of their system resources against a set of pre-defined thresholds. Such monitoring must facilitate the licensee in carrying out capacity management to ensure IT resources are adequate to meet current and future business needs.

      Added: April 2023

    • CRA-5.1.6

      Licensees must conduct regular testing of resilience of its IT systems to meet its business requirements.

      Added: April 2023

    • CRA-5.1.7

      A licensee’s IT systems must be designed and implemented in a manner to achieve the level of system availability that is commensurate with its business needs. Fault-tolerant solutions must be implemented for IT systems which require high system availability and technical glitches must be minimized.

      Added: April 2023