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  3. Point in time
    2010-09-24

MAR 5.4 Finalisation of transactions1

MAR 5.4.1RRP

1A firm operating an MTF must:

  1. (1)

    clearly inform its users of their respective responsibilities for the settlement of transactions executed in that MTF; and

  2. (2)

    have in place the arrangements necessary to facilitate the efficient settlement of the transactions concluded under its systems.

[Note: Article 14(5) of MiFID]