Requirement (MIFID)
Article 31 Disclosure of client limit orders
Requirements MIFID - REGULATION (EC) No 1287/2006
Description
Description
An investment firm shall be considered to disclose client limit
orders that are not immediately executable if it transmits the
order to a regulated market or MTF that operates an order book
trading system, or ensures that the order is made public and can
be easily executed as soon as market conditions allow.
Comment
Applies to Article 22(2) of Directive 2004/39/EC