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Article L424-5 of the French Monetary and Financial Code

The rules of the multilateral trading facility shall lay down the conditions for admission to membership of the facility, based on objective criteria, in a transparent and non-discriminatory manner. Without prejudice to the provisions of Article L. 531-10, multilateral trading facilities 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 trading ability,…

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