Page 16 - 期货和衍生品行业监管动态（2024年6月刊）

期货和衍生品行业监管动态

IOSCO has today published its final report on Market Outages.

The final report addresses the need for improved preparedness and management

of market outages to ensure market resilience and investor confidence.

It identifies key findings from recent market outages and sets forth five good

practices to assist regulators, trading venues and market participants in preparing for,

and managing, future market outages and thereby helping improve market-wide

resilience.

The good practices cover five key areas:

? Outage Plans

? Communication Plans

? Reopening of Trading

? Closing Auctions / Closing Prices

? Post-Outage Plans

These good practices are designed to offer flexibility for adoption across various

trading venues, asset classes, and market structures. They are generally applicable to
market outages caused by different types of root causes.

Isadora Tarola, Chair of the IOSCO Committee on Regulation of Secondary

Markets (Committee 2), said: “Market Outages can be highly disruptive. Therefore, it

is important for trading venues to consider adopting the proposed good practices. This

can contribute to market resilience and help ensure orderly trading during outages.

IOSCO remains committed to supporting initiatives that promote financial stability

and investor protection.”

https://www.iosco.org/news/pdf/IOSCONEWS737.pdf

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