Glossary

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Term Definition Legal instruments

regulated market

03/01/2018

means:

(1) a regulated market as defined in article 4(1)(21) of MiFID II; or

(2) a market situated outside the EEA States which is characterised by the fact that:

(a) it meets comparable requirements to those set out in (1); and

(b) the financial instruments dealt in are of a quality comparable to those in a regulated market in the UK.