Chapter 4 — Listing and Trading of Contracts

Rule Violation Whether composition may be offered Composition Amount which may be Offered by the Exchange, where the Exchange has Determined the Member, Approved Trader and/or Registered Representative to be Liable Mandatory minimum penalty imposable by the DC
Rule Chapter/Number Brief Description of Rule Members Approved Traders Registered Representatives
1st Violation 2nd Violation 3rd Violation 1st Violation 2nd Violation 3rd Violation 1st Violation 2nd Violation 3rd Violation
Chapter 4 — Listing and Trading of Contracts
4.1 Rules Applicable to All Classes of Contracts Listed on the Markets
4.1.7 Member not to combine outright orders from different principals and execute them as strategy transactions Compoundable $2,000 – $4,000 $4,000 – $7,000 $7,000 – $10,000 N.A. N.A. N.A. N.A. N.A. N.A. N.A.
4.1.8 r/w Regulatory Notice Member to comply with procedures relating to error trades Compoundable $2,000 – $4,000 $4,000 – $7,000 $7,000 – $10,000 N.A. N.A. N.A. N.A. N.A. N.A. N.A.
4.1.9 Member, Approved Trader or Registered Representative not to withold or withdraw Customer's orders unless the specified conditions are met Not Compoundable Not Compoundable $10,000
4.1.10 Member or Approved Trader to comply with the requirements relating to cross trades Not Compoundable Not Compoundable N.A. N.A. N.A. $10,000
4.1.11 r/w Regulatory Notice Member, Approved Trader or Registered Representative to comply with the thresholds and the requirements and procedures in relation to the registration of Negotiated Large Trades as provided in the Regulatory Notice and the Clearing Rules. Compoundable $2,000 – $4,000 $4,000 – $7,000 $7,000 – $10,000 $1,000 – $3,000 $3,000 – $6,000 $6,000 – $8,000 $1,000 – $3,000 $3,000 – $6,000 $6,000 – $8,000 N.A.
4.1.12 Member, Approved Trader or Registered Representative to satisfy the conditions relating to the exchange of underlying for Futures Contracts Compoundable $2,000 – $4,000 $4,000 – $7,000 $7,000 – $10,000 $1,000 – $3,000 $3,000 – $6,000 $6,000 – $8,000 $1,000 – $3,000 $3,000 – $6,000 $6,000 – $8,000 N.A.
4.1.13 Member or Approved Trader not to engage in pre-arranged trades Not Compoundable Not Compoundable N.A. N.A. N.A. $10,000
4.1.17A Member to provide information as and when requested by the Exchange Compoundable $2,000 – $4,000 $4,000 – $7,000 $7,000 – $10,000 N.A. N.A. N.A. N.A. N.A. N.A. N.A.
4.1.18A Member to comply with enforcement instructions upon notification by the Exchange Compoundable $2,000 – $4,000 $4,000 – $7,000 $7,000 – $10,000 N.A. N.A. N.A. N.A. N.A. N.A. N.A.

Added on 16 May 201116 May 2011 , amended on 19 September 201619 September 2016 and 3 August 2020.