investment service

any of the following involving the provision of a service in relation to a financial instrument:57

1. (a) reception and transmission of orders in relation to one or more financial instruments;57
2. (b) execution of orders on behalf of clients;57
3. (c) dealing on own account;57
4. (d) portfolio management;57
5. (e) the making of a personal recommendation;57
6. (f) underwriting of financial instruments and/or placing of financial instruments on a firm commitment basis;57
7. (g) placing of financial instruments without a firm commitment basis;57
8. (h) operation of multilateral trading facilities.57

[Note: article 4(1)(2) of, and section A of Annex 1 to, MiFID]57