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Compare and contrast with {{cobsprov|regulated market}} (basically a conventional stock market like the LSE) and a {{cobsprov|systematic internaliser}} (an internal crossing system against principal flow in the books of a broker). | Compare and contrast with {{cobsprov|regulated market}} (basically a conventional stock market like the LSE) and a {{cobsprov|systematic internaliser}} (an internal crossing system against principal flow in the books of a broker). | ||
A subject of some interest is to what extent one needs a client's permission to handle orders outside a {{cobsprov|regulated market}} or {{mtf}}. See {{cobsprov|11.2.26}} for more on that fascinating topic. | A subject of some interest is to what extent one needs a client's permission to handle orders outside a {{cobsprov|regulated market}} or {{cobsprov|mtf}}. See {{cobsprov|11.2.26}} for more on that fascinating topic. | ||
{{cobsanatomy}} | {{cobsanatomy}} |