EU · MiFID II · TITLE III REGULATED MARKETS
Article 51 MiFID IIAdmission of financial instruments to trading
Requires regulated markets to have clear, transparent admission rules ensuring instruments can be traded fairly, orderly and efficiently (with freely negotiable securities and derivatives designed for orderly pricing and settlement), to verify issuers' disclosure compliance and regularly review admission requirements. A security admitted on one regulated market may be admitted on others without the issuer's consent, without extra disclosure duties for the issuer.
Level 2: delegated and implementing acts
- RTSIn forceLegal basis
AI summaryRTS on admission of financial instruments to trading on regulated markets: sets the conditions for transferable securities (free negotiability, information for fair and orderly trading, official listing), fund units, derivatives and emission allowances, and requires regulated markets to verify issuers' disclosure obligations and facilitate access to issuer information.
Commentary
No law-firm commentary is linked to this provision yet.
393 more documents relate to MiFID II as a whole without naming an article.
UK counterpart
UK transposition not traced in the FCA Handbook. It may sit in FSMA, the Regulated Activities Order or SI 2017/701, which are not yet mapped.
Version history
- From 17 Sept 2014
Each entry is a consolidated version of the act on EUR-Lex in which this provision appears. The text itself is on the official site.