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MIFID client money

    149(in MIFIDPRU) money that a firm receives from, or holds for or on behalf of, a client in the course of, or in connection with, its MiFID business. For the purposes of MIFIDPRU, this includes:

      1. (1) where that money has been deposited into a client bank account (including any amounts of the firm’s own money or other money received in that account as a result of applying prudent segregation, alternative approach mandatory prudent segregation or clearing arrangement mandatory prudent segregation);
      1. (2) where a firm has placed that money in a qualifying money market fund in accordance with CASS 7.13.3R(4);
      1. (3) any amount of that money that a firm has allowed a third party to hold in accordance with CASS 7.14.