FG15/6 - Multilateral Trading Facilities (MTFs)

The Financial Conduct Authority published Finalised Guidance FG15/6 to establish Good Practice Observations for Multilateral Trading Facility operator rulebooks following a consultation period. This guidance clarifies MAR 5 requirements, specifically mandating that MTFs maintain transparent, non-discretionary rules to ensure fair and orderly trading. Operators are expected to implement these rules and make their rulebooks publicly available on their websites.

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Financial Conduct Authority

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