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The Financial Services Act 1986 (Investment Advertisements) (Exemptions) (No. 2) Order 1992

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Article 1

SCHEDULE 1relevant ec markets

part iexchanges operating relevant ec markets

  • Asociacion de Intermediarios de Activos Financieros.

  • Amsterdam Financial Futures Market.

  • Amsterdam Stock Exchange.

  • Antwerp Stock Exchange.

  • Athens Stock Exchange.

  • Barcelona Stock Exchange.

  • Berlin Stock Exchange.

  • Bilbao Stock Exchange.

  • Bologna Stock Exchange.

  • Bordeaux Stock Exchange.

  • Bremen Stock Exchange.

  • Brussels Stock Exchange.

  • Copenhagen Stock Exchange.

  • Deutsche Terminboerse.

  • Dusseldorf Stock Exchange.

  • European Options Exchange.

  • Florence Stock Exchange.

  • Frankfurt Stock Exchange.

  • Genoa Stock Exchange.

  • Hamburg Stock Exchange.

  • Hanover Stock Exchange.

  • The International Stock Exchange of the United Kingdom and the Republic of Ireland Limited.

  • Irish Futures and Options Exchange.

  • Lille Stock Exchange.

  • Lisbon Stock Exchange.

  • Luxembourg Stock Exchange.

  • Lyon Stock Exchange.

  • Madrid Stock Exchange.

  • Marseilles Stock Exchange.

  • Marche a Terme d'Instruments Financiers.

  • Mercado de Futures Financieros.

  • Milan Stock Exchange.

  • Marche des Options Negociables de Paris.

  • Munich Stock Exchange.

  • Nancy Stock Exchange.

  • Nantes Stock Exchange.

  • Naples Stock Exchange.

  • OM Iberica.

  • Oporto Stock Exchange.

  • Palermo Stock Exchange.

  • Paris Stock Exchange.

  • Rome Stock Exchange.

  • Stuttgart Stock Exchange.

  • Trieste Stock Exchange.

  • Turin Stock Exchange.

  • Valencia Stock Exchange.

  • Venice Stock Exchange.

part iicriteria relevant to definition of “relevant ec market”

The criteria relevant for the purposes of the definition of “relevant EC market” in article 1 of this Order are the following–

(a)the head office of the market must be situated in a member State; and

(b)the market must be subject to requirements in the member State in which its head office is situated as to–

(i)the manner in which it operates;

(ii)the means by which access may be had to the facilities it provides;

(iii)the conditions to be satisfied before an investment may be traded or dealt in by means of its facilities; and

(iv)the reporting and publication of transactions effected by means of its facilities.

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