Regulation 15

allow any person, who is in or around any pit or other place provided by the approved exchange for trading of derivatives contracts, to purchase or sell any derivatives contract for that person’s own account or for another person; or

allow any person to use any electronic system, provided by the approved exchange, through which trading in derivatives contracts is carried out —

to purchase or sell any derivatives contract in that person’s capacity as an employee or agent of a member of the approved exchange; or

to purchase or sell any derivatives contract, directly without any intermediary, for that person’s own account or for another person,unless that person is registered with the approved exchange, and such registration has not expired or been suspended or revoked by the approved exchange.