Compliance by SFE Group

The SFE Group has long maintained a sound operational and front-line regulatory environment for its exchange-traded market and clearing and settlement facilities, providing effective systems and infrastructure together with services designed to maintain and enhance the integrity, efficiency and effectiveness of its trading, clearing and settlement facilities. SFE continues to acknowledge the specific and significant supervisory responsibilities which it must discharge, recognising that ongoing user confidence in the integrity of its markets is important in the SFE Group's ongoing ability to honour its own licence obligations and grow as an enterprise.

The SFE Group's commitment to resourcing and complying with its regulatory and operational obligations is demonstrated by:

  • Pro-active and dedicated market surveillance, Participant compliance and investigative functions to assist in ensuring market orderliness and integrity, together with the protection of market users;
  • The calibre and experience of operational and supervisory management and staff, together with rigorous governance procedures and financial and operational management;
  • Excellent market and systems performance, availability, functionality and capacity with extended distribution facilities to further broaden access and participation, and the ongoing upgrading of technology and applications to keep pace with market developments;
  • Ongoing review and improvement of trading and clearing functionality and Operating Rules to maintain relevance and integrity in a continually evolving and converging market and technological environment;
  • The scope and quality of investigations, inspections and other reviews undertaken, together with the pre-emptive position monitoring and pro-active approach to market education/consultation; and
  • Well-established and procedurally fair disciplinary structure and processes, including a high-quality hierarchy of supervisory committees, together with consistent, equitable and timely performance of duties.