Article 1 Definitions

For the purposes of this Regulation, the following definitions apply:

  1. (1)

    "portfolio trade" means transactions in five or more different financial instruments where those transactions are traded at the same time by the same client and as a single lot against a specific reference price;

  2. (2)

    "give-up transaction" or "give-in transaction" means a transaction where an investment firm passes a client trade to, or receives a client trade from, another investment firm for the purpose of post-trade processing;

  3. (3)

    "securities financing transaction" means a securities financing transaction as defined in Article 3(6) of Delegated Regulation (EU) 2017/577;

  4. (5)

    "the Recognition Requirements Regulations" means the Financial Services and Markets Act 2000 (Recognition Requirements for Investment Exchanges, Clearing Houses and Central Securities Depositories) Regulations 2001 (SI 2001/995);

  5. (6)

    "the AIFM Regulations" means the Alternative Investment Fund Managers Regulations 2013 (SI 2013/1773).