Basic requirements
There must be no mechanism for an integrated and supported by the full electronic system for recording and processing of data, and investors and the implementation of the orders and the settlement of these commands automatically. We must provide a mechanism for the following work:
1. The rules of open and manage accounts of investors with a mediator.
2. Systems of risk reduction.
3. Settlement.
4. Broker relationship to other parties.
5. Security and safety of the system.
6. The conditions necessary to deal on cash accounts.
7. Requirements for systems to receive orders investors.
8. Management commands and sent to the trading system.
9. Internal reporting controls.
10. Retention of documents.