You are viewing MAR 5A.2 Purpose as of . MAR 5A.2 Purpose was last updated on 03/01/2018.
MAR 5A.2 Purpose
03/01/2018G
The purpose of this chapter is to implement the provisions of MiFID relating to firms operating OTFs, specifically articles 18, 20, 31, 32, 48, 49 and 50 of MiFID.
03/01/2018G
MAR 5A.3.9R also sets out how the obligations of an investment firm under articles 16, 24, 25, 27 and 28 (as transposed in the FCA Handbook) apply to a firm operating an OTF in respect of that operation.
03/01/2018G
This chapter does not apply to bilateral systems, which are excluded from the OTF definition.