• MIR 3.4 MIR 3.4 Rules Applicable to Recognised Investment Exchanges that are also MTF or OTF Operators and rules on Trade Repositories

    • MIR 3.4.1

      A Recognised Investment Exchange may carry on the Regulated Activity of operating a MTF or OTF provided that its Recognition Order includes a stipulation permitting it to do so. If it does include such a stipulation, the specific rules on MTFs and OTFs in COBS will apply to that function, but that function only. 

    • MIR 3.4.1A [Deleted]

      Amended on (24 February, 2020).

    • MIR 3.4.1B [Deleted]

      Amended on (24 February, 2020).

    • MIR 3.4.2

      A Recognised Investment Exchange operating an MTF or an OTF, must also operate a market that complies with the Recognition Requirements.

      Amended on (24 February, 2020).

    • MIR 3.4.3

      A Recognised Body may also act as a Trade Repository if its Recognition Order includes a stipulation permitting it to do so. Acting as a Trade Repository will result in it being subject to the additional conduct requirements in Appendix 2 of GEN.