MAR 7.1 Application
Who?
1This chapter applies to:
- (1)
a MiFID investment firm; and to
- (2)
What?
A firm, which, either on its own account or on behalf of clients, concludes transactions in shares admitted to trading on a regulated market outside a regulated market or MTF, must make public the volume and price of those transactions and the time at which they were concluded.
[Note: article 28(1) of MiFID]
Where?
This chapter applies in respect of transactions in shares (which are admitted to trading on a regulated market) executed in the United Kingdom.
Article 32 (7) of MiFID provides that the competent authority of the Member State in which a branch is located shall assume responsibility for ensuring that the services provided by the branch within its territory comply with the obligations under Article 28.
Status of EU provisions as rules in certain instances
In this chapter, paragraphs marked "EU", including MAR 7 Annex 1 EU, shall apply to a third country investment firm as if those provisions were rules.