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Trading facilities: Difference between revisions
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a multilateral system, operated by an investment firm or a market operator, which brings together multiple third-party buying and selling interests in financial instruments - in the system and in accordance with non-discretionary rules - in a way that results in a contract in accordance with the provisions of Title II of MiFID. | Also known as an [[MTF]], defined in the {{tag|FCA}} handbook [http://fshandbook.info/FS/glossary-html/handbook/Glossary/M?definition=G2354 thus]: | ||
{{quote|a multilateral system, operated by an {{fcaprov|investment firm}} or a market operator, which brings together multiple third-party buying and selling interests in financial instruments - in the system and in accordance with non-discretionary rules - in a way that results in a contract in accordance with the provisions of Title II of {{tag|MiFID}}. }} | |||
Compare and contrast with {{cobsprov|regulated market}} | Compare and contrast with {{cobsprov|regulated market}} | ||
{{cobsanatomy}} | {{cobsanatomy}} | ||