"market infrastructure"
means each of the following—
| (a) | a licensed central counterparty; |
| (b) | a licensed central securities depository; |
| (c) | a licensed clearing house; |
| (d) | a licensed exchange; |
| (e) | a licensed trade repository; |
[Definition substituted by section 290, item 1(r) of Schedule 4, of the Financial Sector Regulation Act, 2017 (Act No. 9 of 2017), Notice No. 853, GG 41060, dated 22 August 2017 - effective 9 February 2018 (Notice No. R. 99, GG 41433, dated 9 February 2018)]