MiFID business - FCA Rulebook Term: Difference between revisions

Revision as of 12:15, 26 February 2020

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MiFID business is defined in the FCA rulebook here.

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-{{g}}Investment services or activities carried on by a MiFID firm, being any of the services and activities listed in Section A of Annex I to MiFID relating to any financial instrument, that is:
+{{g}}{{fcaprov|MiFID business}} is defined in the FCA rulebook [https://www.handbook.fca.org.uk/handbook/glossary/G1976.html here].
-:(a) reception and transmission of orders in relation to one or more financial instruments;
-:(b) execution of orders on behalf of clients;
-:(c) dealing on own account;
-:(d) portfolio management;
-:(e) the making of a personal recommendation;
-:(f) underwriting of financial instruments and/or placing of financial instruments on a firm commitment basis;
-:(g) placing of financial instruments without a firm commitment basis;
-:(h) operation of multilateral trading facilities; and
-:(i) operation of an OTF.