A Responsible Person is an individual registered to a Euronext Derivatives Member who has accepted responsibility for trading activity conducted on the Euronext Derivatives Market(s) under his Individual Trading Mnemonic(s).

To enable a Member to conduct business on LIFFE CONNECT® and/or Bclear, it is necessary for a Member to register at least one Responsible Person (“RP”) on the relevant Liffe market(s) of which it is a Member. Thereafter, all business on LIFFE CONNECT® and/or Bclear must be submitted under the Individual Trading Mnemonics (“ITMs”)/Keys assigned to that/those RP(s) registered on the specific market(s).

In addition, a registered RP may request additional ITMs/Keys for additional trading activity for the market on which they are registered. Furthermore, a Member’s Connectivity Administrator (“MCA”) may request a View Only Key to assist in observing trading activity/for systems purposes on the relevant Liffe market(s) for which access has been approved.

Please refer to Euronext Rules Book 1 – Section 2202 - ‘Responsible Persons and Traders’ and the Liffe Trading Procedures, Section 3 for guidance on the requirements of a Responsible Person.

Member Connectivity Administrator (“MCA”)
The application form (linked below) makes clear the information needed by the Exchange for a Member to register several MCA contacts who are authorised to conduct the relevant trader key administration.

Responsible Person (RP)
The application form (linked below) makes clear the information needed by the Exchange for a Member to register an RP for those products in respect of which a Member holds the relevant trading subscription on LIFFE CONNECT® and/or Bclear.

View Only Keys
The additional forms (linked below) make clear the information needed by the Exchange to provide additional ITMs/Keys and View Only Keys. However, where different Gateways are to be used for certain ITMs/Keys, a separate form should be completed for each Gateway.

Process

1. The relevant application form needs to be completed and signed by both the MCA and, with the exception of the View Only Key application form, the prospective/relevant RP/replacement RP.
2. The relevant form must be completed on screen prior to printing off for signature and submission.
3. The form should then be returned to Market Operations by fax (+44 20 7379 2424) no later than 12:00 hours (London time) on the business day before the day on which the Member wishes the RP to have access to trade and/or wishes the additional ITMs/Keys and/or the View Only Key(s) to be activated.

If a member has any queries concerning the application process, the member should contact Market Operations, Liffe on +44 20 7379 2844 / 2897 or email traderkeys@liffe.com.

To conduct business using the Bclear service refer to the Bclear section under OTC Services for Registration Requirements and Forms to obtain the access certificates.