The CBB may, at its sole discretion, allow a licensee to list and conduct trading activities in derivatives of crypto-assets such as, but not limited to, futures, options, indices, contract for difference (CFD’s), swaps etc provided the CBB is satisfied that the licensee has a comprehensive derivative transactions risk management framework. The aforementioned risk management framework should provide appropriate measure to mitigate, amongst others, market risk, credit risk, liquidity risk, settlement risk, operational risk and legal risk. In addition, the derivative transaction risk management framework should also include guidelines for stress testing, back testing, settlement process, margin methodology, derivative product selection policy, client exposure limit and suitability and appropriateness policy.