Which market is a regulated market for MiFID purposes?

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards
From $25.99Unlock all

Prepare for the Qualified Financial Adviser Exam 2 with flashcards and multiple choice questions, complete with hints and explanations. Get exam-ready and increase your confidence with our comprehensive study materials!

Multiple Choice

Which market is a regulated market for MiFID purposes?

Explanation:
MiFID defines a Regulated Market as a traditional stock exchange-like venue that is authorized and supervised by the national competent authority and operates as a multilateral system for trading financial instruments. The Irish Stock Exchange Main Securities market fits this description as the primary equity trading venue on the Irish market and is designated as a Regulated Market under MiFID. The other named markets on the Irish Stock Exchange are different types of trading venues (such as MTFs or other facilities) and do not carry the Regulated Market designation. Therefore, the Main Securities market is the one that qualifies as a Regulated Market for MiFID purposes.

MiFID defines a Regulated Market as a traditional stock exchange-like venue that is authorized and supervised by the national competent authority and operates as a multilateral system for trading financial instruments. The Irish Stock Exchange Main Securities market fits this description as the primary equity trading venue on the Irish market and is designated as a Regulated Market under MiFID. The other named markets on the Irish Stock Exchange are different types of trading venues (such as MTFs or other facilities) and do not carry the Regulated Market designation. Therefore, the Main Securities market is the one that qualifies as a Regulated Market for MiFID purposes.

More Multiple Choice Questions
Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy