82,891
edits
Financial instrument: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 5: | Line 5: | ||
A whole world of [[tedium]] under [[MiFID II]]. Defined, as “those instruments specified in Section C of Annex I” which are as follows — | A whole world of [[tedium]] under [[MiFID II]]. Defined, as “those instruments specified in Section C of Annex I” which are as follows — | ||
{{quote|{{financial instruments}}}} | {{quote|{{financial instruments}}}} | ||
=== | ===Derivatives, transferable securities, securitised derivatives, structured finance products...=== | ||
The definitions aren’t “disjunctive”: something that is a [[transferable security]] can also be a [[money market instrument]], a unit in [[collective investment scheme]]. Alas, a “[[derivative]]”, in MiFID speak, is restricted to those countenanced in sections 4-10, but that may not be the end of the matter: | Step this way for a one-way trip down an open manhole. The definitions aren’t “disjunctive”: something that is a [[transferable security]] can also be a [[money market instrument]], a unit in [[collective investment scheme]]. Alas, a “[[derivative]]”, in MiFID speak, is restricted to those countenanced in sections 4-10, but that may not be the end of the matter: | ||
{{quote|{{derivativecontractdefinition}}}} | {{quote|{{derivativecontractdefinition}}}} | ||