Back Custom print Link Text Only Rich Text Print

  • Exchange Systems

    • CRA-4.12.18

      A licensed crypto-asset exchange must have in place effective systems, procedures and arrangements to reject orders that exceed pre-determined volume and price thresholds or are clearly erroneous.

      Added: April 2019

    • CRA-4.12.19

      A licensed crypto-asset exchange must be able to temporarily halt or constrain trading if there is a significant price movement in a crypto-asset on its platform or a related platform during a short period and, in exceptional cases, to be able to cancel, vary or correct any transaction.

      Amended: April 2023
      Added: April 2019

    • CRA-4.12.20

      A licensed crypto-asset exchange must report the reasons for halting trading and any material changes to those reasons to the CBB in a consistent and comparable manner.

      Added: April 2019

    • CRA-4.12.21

      A licensed crypto-asset exchange must ensure that its fee structures are transparent, fair and non-discriminatory and that they do not create incentives to place, modify or cancel orders or to execute transactions in a way which contributes to disorderly trading conditions or market abuse.

      Added: April 2019

    • CRA-4.12.22

      A licensed crypto-asset exchange must ensure that its Rules on co-location services are transparent, fair and non-discriminatory.

      Added: April 2019

    • CRA-4.12.23

      A licensed crypto-asset exchange must be able to identify, by means of flagging from its clients, orders generated by algorithmic trading, the different algorithms used for the creation of orders and the relevant persons initiating those orders.

      Amended: April 2023
      Added: April 2019

    • CRA-4.12.24

      A licensed crypto-asset exchange must, upon request by the CBB, make available to the CBB, data relating to the order book or give the CBB access to the order book so that it is able to monitor trading.

      Added: April 2019