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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
General Module (GEN) [VER44/07-19]
GEN 2 Financial Services
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DFSA Codes of Practice
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Financial Markets Tribunal
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  • GEN 2.22.1

    (1) In Rule 2.2.2, Operating an Alternative Trading System means:
    (a) operating a Multilateral Trading Facility ("MTF"); or
    (b) operating an Organised Trading Facility ("OTF").
    (2) In (1)(a), a Person operates an MTF if that Person operates a system which brings together multiple third party buying and selling interests in Investments, in accordance with its non-discretionary rules, in a way that results in a contract in respect of such Investments.
    (3) In (1)(b), a Person operates an OTF if that Person operates a system which brings together multiple third party buying and selling interests in Investments, in accordance with its discretionary rules, in a way that results in a contract in respect of such Investments.
    [Added][VER4/08-05]
    [Amended] DFSA RM119/2013 (Made 14th July 2013). [VER33/07-13]