Status: You are viewing the version of the handbook as on 2016-10-03.

multilateral trading facility

    44a multilateral system, operated by an investment firm or a market operator, which brings together multiple third-party buying and selling interests in financial instruments - in the system and in accordance with non-discretionary rules - in a way that results in a contract in accordance with the provisions of Title II of MiFID.

    [Note: article 4(1)(15) of MiFID]