By virtue of a written notification to the Exchange, the Authority may cancel the Exchange license as of the date specified in the Authority’s resolution in the following cases:1 - If the company is no longer able to meet any of the conditions by which the company was qualified to obtain a license.2 - If operations in the Exchange have been suspended for more than five working days.3 - In the event of the closure of the Exchange.4 - If the Exchange does not abide by the Authority’s instructions despite being notified accordingly by the Authority.5 - If the Exchange does not provide the Authority with the information requested by the latter or if it provides misleading or inaccurate information. The Authority shall publish the decision of license cancellation and reasons thereof in the Official Gazette.