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A good place to look (if your interest level counts as “fiendish”) is the snappily titled ''Commission Delegated Regulation {{eureg|2017|565|EU}} of 25 April 2016 supplementing Directive {{eudirective|2014|65|EU}} of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive''. | A good place to look (if your interest level counts as “fiendish”) is the snappily titled ''Commission Delegated Regulation {{eureg|2017|565|EU}} of 25 April 2016 supplementing Directive {{eudirective|2014|65|EU}} of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive''. | ||
At any rate, it makes clear, at Article 10, that [[Spot FX]] is not a financial instrument. | '''[[Spot FX]]''' isn't: At any rate, it makes clear, at Article 10, that [[Spot FX]] is not a financial instrument. | ||
{{cobsanatomy}} | {{cobsanatomy}} |