MAR 5.1 Application1
[Note: ESMA has also issued guidelines under article 16(3) of the ESMA Regulation covering various topics relating to automated trading and direct electronic access.
See http://www.fsa.gov.uk/static/pubs/other/esma-guidelines.pdf]1This chapter applies to:
(1) |
a UK domestic firm which operates an MTF from an establishment in the United Kingdom or elsewhere; or |
(2) |
an overseas firm which operates an MTF from an establishment in the United Kingdom. |
In this chapter, provisions marked "EU" apply to an overseas firm as if they were rules.1