Schedule 3, paragraph 9B

The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017 · United Kingdom

An exchange must have non-discretionary rules for the execution of orders on a multilateral trading facility operated by it. An exchange must not on a multilateral trading facility operated by it— execute any client orders against its proprietary capital; or engage in matched principal trading.

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Source: legislation.gov.uk · retrieved 2026-09-04