Q&A · ESMA
Can a market operator or an investment firm operating an MTF apply for a single segment of the MTF to be registered as an SME growth market?
Answered
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An MTF operator may register a single segment of its MTF as an SME growth market if that segment meets Article 33 MiFID II on its own and is clearly separated (its own name, rulebook, marketing and segment MIC); other segments cannot benefit from the regime.
Details
| Reference | ESMA_QA_1640 |
|---|---|
| Issuer | ESMA |
| Published | 4 Oct 2018 |
| Answered | 4 Oct 2018 |
| Submitted | 4 Oct 2018 |
| ESMA topics | Multilateral and bilateral systems |
| Earlier Q&A document | ESMA 70-872942901-38 MiFID II MiFIR market structures Q&A, Q&A 5.8 |
Provisions it relates to
- Article 33 MiFID II · SME growth marketsInferred · 95%
- MiFID II (whole act)Explicit reference