Subsection 3: Provisions applicable to investment services providers other than portfolio management companies relating to the provision of direct electronic access to a trading venue

Investment services providers other than portfolio management companies that provide persons with direct electronic access to a trading venue: 1° Have effective systems and controls ensuring that: a) The suitability of persons using the service is properly assessed and reviewed ; b) Such persons are prevented from exceeding appropriate pre-established trading and credit thresholds; c) Transactions by such persons are properly monitored; (d) Appropriate risk controls prevent any trading that…