Reset to Today

To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

You are viewing the version of the document as on 2022-01-02.

Timeline guidance

Alternative versions

  1. Point in time
    2022-01-02

UK OTF

81(as defined in article 2(1)(15A) of MiFIR) means a multilateral system:

  1. (a) which is not a regulated market or an MTF;
  2. (b) in which multiple third-party buying and selling interests in bonds, structured finance products, emission allowances or derivatives are able to interact in the system in a way that results in a contract, and complies, as applicable, with:
    1. (i) paragraph 9A of the Recognition Requirements Regulations;
    2. (ii) the EU regulations specified in Schedule 2 of MiFIR;
    3. (iii) rules made by the competent authority governing the operating conditions of investment firms so far as they apply to OTFs.