Obligation to make unexecuted client limit orders public - COBS Provision

Section 11.4.1, COBS Rules

COBS Rules
Template:COBS Section 11.4.1
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Commentary

Question before the house is what form this "express instruction" needs to take. Can it be deemed, or embedded in unilaterally imposed terms of business prepared by a firm and accepted by conduct by a client placing an order?

Compare COBS 11.2.26, wherein a client's prior express consent is considered by one and all to involve actual acknowledgment, and contrast with COBS 11.2.25 where a client's prior consent is not...

Conduct of Business

This is an article about the FCA’s conduct of business rules, known by its chapter in the FCA Sourcebook, COBS, which implement, among other things, MiFID (directive 2004/39/EC (EUR Lex) and implementing directive 2006/73/EC (EUR Lex)).