Compliance rules

The compliance rules (procedures) cover the disciplinary process used by the Exchange.  Where the Exchange believes there has been a rule breach by a member firm it may commence disciplinary action against that firm.

The Exchange may impose a fixed penalty, issue a warning notice and/or refer disciplinary matters to either an Executive Panel or a Disciplinary Committee.

The rules detail the process applied to each of the above sanctions, including the appeals process.

Downloads
Rules of the London Stock Exchange(file pdf - 4 MB)
Guide to TradElect(file doc - 884 KB)
TradElect Parameters post MiFID (file xls - 548 KB)