Secondary Trade Auction; and before the next bid and offer submission deadline specified in the Secondary Trade Information Pack Confirm receipt of notification of Limited As soon as practicable Email / Facsimile System Participant Communication Failure. following completion of Operators step 1 Assess if Limited Communication Failure is valid As soon as practicable Email / Facsimile System Participant and notify Participant of outcome. If Limited following completion of Operators Communication Failure is not valid, end process. step 1 Notify System Operator of: (a) alternative method Immediately on Email / Facsimile Participant System Operators of communication to be used for each of the Data completion of step 1; Transactions; and (b) the estimated timeline of the at least 1 hour before Limited Communication Failure. the next scheduled Secondary Trade Auction; and before the next bid and offer submission deadline specified in the Secondary Trade Information Pack Acknowledge receipt of notification at step 4 and As soon as practicable Email / Facsimile System Participant invoke internal processes to accept Data following completion of Operators Transactions from the alternative method of step 4 communication notified at step 4. Advise if there is any change to the estimated Immediately following any Email / Facsimile Participant System Operators timelines for the disruption to normal operation. change to the previous estimate given for expected return to normal operation
Secondary Trade Auction; and before the next bid and offer submission deadline specified in the Secondary Trade Information Pack Confirm receipt of notification of Limited Communication Failure. As soon as practicable following completion of step 1 Email / Facsimile System Operators Participant Assess if Limited Communication Failure is valid and notify Participant of outcome. If Limited Communication Failure is not valid, end process. As soon as practicable following completion of step 1 Email / Facsimile System Operators Participant Notify System Operator of: (a) alternative method of communication to be used for each of the Data Transactions; and (b) the estimated timeline of the Limited Communication Failure. Immediately on completion of step 1; at least 1 hour before the next scheduled Secondary Trade Auction; and before the next bid and offer submission deadline specified in the Secondary Trade Information Pack Email / Facsimile Participant System Operators Acknowledge receipt of notification at step 4 and invoke internal processes to accept Data Transactions from the alternative method of communication notified at step 4. As soon as practicable following completion of step 4 Email / Facsimile System Operators Participant Advise if there is any change to the estimated timelines for the disruption to normal operation. Immediately following any change to the previous estimate given for expected return to normal operation Email / Facsimile Participant System Operators
CMC-AP-6-System-and-Communication-Failures.docx