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Wat is Market access rule?

Definition 27.4 Market Making and High-Frequency Trading · Hoofdstuk 27 — Risk Controls

The market access rule is SEC Rule 15c3-5, which requires a broker-dealer with access to an exchange or alternative trading system, for itself or its customers, to have documented, regularly reviewed pre-trade controls against erroneous orders and orders beyond pre-set credit and capital thresholds, under its direct and exclusive control.

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