MAE-1.2.5
The applications must include evidence that:
(a) Any trading conducted will operate in an orderly, transparent and fair manner;
(b) The licensed exchange or licensed market operator will be subject to regulation by the CBB;
(c) The licensed exchange or licensed market operator has taken adequate measure to prudently manage any risks associated with its business and operations;
(d) The licensed exchange or licensed market operator , in discharging its obligations, will not act contrary to the interests of the public, the investing public, or to the requirements of the CBB;
(e) The licensed exchange or licensed market operator will enforce compliance by its members with its business rules and listing rules ;
(f) The business rules and listing rules of the licensed exchange or licensed market operator make satisfactory provisions for: an orderly, transparent and fair market trading through its facilities; and the proper rules and supervision of its members ; and
(g) The licensed exchange or licensed market operator has sufficient financial, human, and technical resources to establish and operate a fair and efficient system for market trading; meet contingencies or disasters criteria; and provide adequate trading instruments arrangements.