Chapter I Conditions and procedures for authorisation

United Kingdom

1. 5Requirement for authorisation
2. 6Scope of authorisation
3. 7Procedures for granting and refusing requests for authorisation
4. 8Withdrawal of authorisations
5. 9Management body
6. 10Shareholders and members with qualifying holdings
7. 11Notification of proposed acquisitions
8. 12Assessment period
9. 13Assessment
10. 14Membership of an authorised investor compensation scheme
11. 15Initial capital endowment
12. 16Organisational requirements
13. 17Algorithmic trading
14. 18Trading process and finalisation of transactions in an MTF and an OTF
15. 19Specific requirements for MTFs
16. 20Specific requirements for OTFs