(1) An ATS Operator must disclose the information specified in (2) in the manner prescribed in (3).

(2) The information required to be disclosed pursuant to (1) is the price, volume and time of the transactions executed in respect of Investments.

(3) The information referred to in (2) must be made available to the public as close to real-time as is technically possible on reasonable commercial terms and on a non-discretionary basis.