In our response to the IOSCO report on market outages, we agree with its findings but stress that outages are rare and unpredictable. We underscore our commitment to minimising disruptions, advocating for realistic regulatory expectations and a preference for guidance over strict rules. We call for more specific definitions of market outages tailored to individual exchanges and highlight the need to consider the roles of all market participants and regulators in outage preparedness. While supporting IOSCO's good practices for trading venues, we caution against potential security risks in sharing detailed analyses. We suggest additional practices, including careful decision-making about market reopening and encourage sharing best practices among exchanges. We believe these practices are applicable to various outage causes, including cyber-attacks, natural events, and propose considering terrorism and geopolitical conflicts as well. Our stance emphasises the need for adaptable strategies to ensure market integrity and stability.