MAR 5A.6 Finalisation of transactions

1A firm must:

1. (1)

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

2. (2)

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

[Note: article 18(6) of MiFID]

[Note: in relation to derivative transactions, MiFID RTS 26 contains requirements on the systems for clearing of such transactions]