{
  "url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-regulated-activities-amendment-order-2017/article-3",
  "json_url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-regulated-activities-amendment-order-2017/article-3.json",
  "legislation": "ukdsi/2017/9780111154168",
  "legislation_title": "The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2017",
  "legislation_url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-regulated-activities-amendment-order-2017",
  "path": "article/3",
  "kind": "article",
  "number": "3",
  "heading": "Organised trading facility",
  "text": "After article 25D of the Order (operating a multilateral trading facility), insert—\n“Operating an organised trading facility\n25DA. (1) The operation of an organised trading facility on which non-equity MiFID instruments are traded is a specified kind of activity.\n(2) In paragraph (1) a “non-equity MiFID instrument” means any investment—\n(a) of the kind specified by article 77, 77A, 78, 79, 80, 81, 82B, 83, 84 or 85; or\n(b) of the kind specified by article 89 so far as relevant to an investment falling within sub-paragraph (a),\nthat is a bond, a structured finance product (within the meaning of Article 2.1.28 of the markets in financial instruments regulation), an emission allowance, or a derivative (within the meaning of Article 2.1.29 of the markets in financial instruments regulation).”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Article 25D was inserted by S.I. 2006/3384."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "OJ L173, 12/6/2014, p.84."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2017/9780111154168/article/3",
    "retrieved_at": "2026-10-30T15:06:53.865504+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}