EU Equity pre- and post-trade transparency regulation: from ISD to MiFID II
Einde inhoudsopgave
EU Equity pre- and post-trade transparency regulation (LBF vol. 21) 2021/4.IV.1.3:4.IV.1.3 Member State option
EU Equity pre- and post-trade transparency regulation (LBF vol. 21) 2021/4.IV.1.3
4.IV.1.3 Member State option
Documentgegevens:
mr. J.E.C. Gulyás, datum 01-02-2021
- Datum
01-02-2021
- Auteur
mr. J.E.C. Gulyás
- JCDI
JCDI:ADS266792:1
- Vakgebied(en)
Financieel recht / Bank- en effectenrecht
Financieel recht / Europees financieel recht
Financiële dienstverlening / Financieel toezicht
Deze functie is alleen te gebruiken als je bent ingelogd.
Under MiFID I Member States could decide that investment firms complied with the obligation to make unexecuted client limit orders immediately available by sending the limit order to an RM and/or MTF.1 If the Member State option (MiFID I used the terms ‘may decide’) was utilized, the investment firm needed to comply with the client order display rule by sending the unexecuted client limit order to an RM and/or MTF. Here, the investment firm was not permitted to use other means, such as the website of the investment firm, to immediately publish the unexecuted client limit order.