Article 1 U.K. Definitions

For the purposes of this Regulation, the following definitions apply:

(1)

‘relevant operator’ means:

(a)

an investment firm operating a multilateral trading facility (MTF);

(b)

an investment firm operating an organised trading facility (OTF);

(c)

a market operator operating an MTF;

(d)

a market operator operating an OTF;

(2)

‘asset classes’ means the categories of financial instruments as set out in Section C of Annex I to Directive 2014/65/EU.