Members of the administrative, management and supervisory bodies, managers, employees and agents of market undertakings are bound by professional secrecy.
I.-Persons who are in a position to exercise, directly or indirectly, a significant influence on the management of a regulated market must possess qualities that guarantee the sound and prudent management of that market. Any person who comes to own, directly or indirectly, alone or in concert, a fraction of the capital or voting rights of a market undertaking representing more than one-tenth, one-fifth, one-third, one-half or two-thirds is required…
I. – With a view to recognition as a regulated market, the market undertaking shall draw up the rules of the market. These rules, which are transparent and non-discretionary, ensure fair and orderly trading and set objective criteria for the efficient execution of orders. They also set the conditions for admission of members in accordance with the provisions of Article L. 421-17 . In particular, they determine the conditions for…
I. – The contracting company shall take the necessary steps to : 1. Detect, prevent and manage the potentially harmful effects, for the proper functioning of the regulated market or for market members, of any conflict of interest between the requirements for the proper functioning of the regulated market that it manages and its own interests or those of its shareholders; 2. To have at its disposal at all times…
Without prejudice to Article 53 of Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories, a market undertaking shall authorise its members to designate a system for the settlement and delivery of transactions in financial instruments concluded on the regulated market that it manages, subject to the following cumulative conditions:…
Without prejudice to Titles III, IV or V of Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories and Article 53 of Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories, the AMF may prohibit…
I.-The admission of financial instruments and assets referred to in II of Article L. 421-1 to trading on a regulated market is decided by the market undertaking, in accordance with the rules of the market concerned. These rules ensure that any of the aforementioned financial instruments or assets admitted to trading on a regulated market is likely to be traded in a fair, orderly and efficient manner and, in the…
Decisions to admit a financial instrument or an asset mentioned in II of Article L. 421-1 are made public by the market undertaking.
I. – When an exceptional event disrupts the regular operation of a trading venue, the AMF Chairman or his designated representative may suspend all or part of trading for a period not exceeding two consecutive trading days. After this period, the suspension is ordered by the Minister for the Economy on the recommendation of the Chairman of the Autorité des marchés financiers. These decisions are made public. If the suspension…
The rules of the market shall lay down, in a transparent and non-discriminatory manner, the conditions for admission of members based on objective criteria. Without prejudice to the provisions of Article L. 531-10, regulated markets may admit as members, in addition to investment firms and credit institutions, persons who : a) Are of sufficiently good repute ; b) Have a sufficient level of aptitude, competence and experience for trading; and…
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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