Regulated market - FCA Rulebook Term: Difference between revisions

Regulated market - FCA Rulebook Term (view source)

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 [http://fshandbook.info/FS/glossary-html/handbook/Glossary/R?definition=G978 FCA definition of Regulated Market]
-(1) a multilateral system operated and/or managed by a market operator, which brings together or facilitates the bringing together of multiple third-party buying and selling interests in financial instruments - in the system and in accordance with its non-discretionary rules - in a way that results in a contract, in respect of the financial instruments admitted to trading under its rules and/or systems, and which is authorised and functions regularly and in accordance with the provisions of Title III of MiFID
+{{box|(1) a multilateral system operated and/or managed by a market operator, which brings together or facilitates the bringing together of multiple third-party buying and selling interests in financial instruments - in the system and in accordance with its non-discretionary rules - in a way that results in a contract, in respect of the financial instruments admitted to trading under its rules and/or systems, and which is authorised and functions regularly and in accordance with the provisions of Title III of MiFID
+}}
+Interesting if you are trying to work out whether a client must give permission for execute transactions outside a {{fcaprov|regulated market}} or {{fcaprov|MTF}}  - see {{cobsprov|11.2.26}}.
 {{cobsanatomy}}