Business Continuity Plan

 

CODA Markets, Inc. (CODA MARKETS) has developed a Business Continuity Plan (BCP) that includes the ability to recover from situations including, but not limited to floods, power outages and any facilities failures that may cause business interruptions. Key features of the CODA MARKETS BCP include annual review of the following; 1) identification of all mission critical systems (and system back-up and recovery for such systems), 2) review of financial and operation risks, 3) systems and telecommunication accessibility 4) alternate communications between CODA MARKETS, its subscribers, employees and regulators and critical business constituents.

Although no contingency plan can eliminate all risk of service interruption, CODA MARKETS assesses and updates its BCP to mitigate reasonable risks. While the specific details of our BCP are proprietary and contain information which is confidential, CODA MARKETS’s policy is to respond to a significant business disruption by safeguarding employees lives and firm property, making a financial and operational assessment, quickly recovering and resuming operations, protecting CODA MARKETS’s books and records, and allowing CODA MARKETS subscribers to continue to transact business. As we continue to test our plans and as conditions in our firm and the industry change, we will revise the plan accordingly and as considered necessary.