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Article 1 Definitions

For the purposes of this Regulation, the following definitions apply:

  1. (1)

    "relevant operator" means:

    1. (a)

      an investment firm operating a multilateral trading facility (MTF);

    2. (b)

      an investment firm operating an organised trading facility (OTF);

    3. (c)

      a market operator operating an MTF;

    4. (d)

      a market operator operating an OTF;

  2. (2)

    "asset classes" means the categories of financial instruments as set out in Section C of Annex I to Directive 2014/65/EU.

  3. (3)

    "IP completion day"' has the meaning given in the European Union (Withdrawal) Act 2020.