MIR 2.8.11

Past version: effective from 21/10/2015 - 20/10/2015
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The Regulator may have regard to the arrangements made to permit Direct Electronic Access to the Recognised Body's facilities and to prevent and resolve problems likely to arise from the use of electronic systems to provide indirect access to its facilities by Persons other than its Members, including:

(a) the rules and guidance governing Members' procedures, controls and security arrangements for inputting instructions into the system;
(b) the rules and guidance governing the facilities Members provide to clients to input instructions into the system and the restrictions placed on the use of those systems;
(c) the rules and practices to detect, identify, and halt or remove instructions breaching any relevant restrictions;
(d) the quality and completeness of the audit trail of any transaction processed through an electronic connection system; and
(e) procedures to determine whether to suspend trading by those systems or access to them by or through individual Members.