000 | 04653nam a2200505 i 4500 | ||
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001 | 9781526514394 | ||
003 | CaBNVSL | ||
005 | 20240402115623.0 | ||
006 | m o d | ||
007 | cr cn||||||||| | ||
008 | 211028s2021 enk ob 100 0 eng d | ||
020 |
_a9781526514394 _q(ebook) |
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020 |
_z9781526514387 _q(PDF) |
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020 |
_z9781526514363 _q(hardback) |
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020 |
_z1526514362 _q(print) |
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024 | 7 |
_a10.5040/9781526514394 _2doi |
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035 | _a(OCoLC)1281197970 | ||
040 |
_aCaBNVSL _beng _erda _cCaBNVSL _dCaBNVSL |
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043 | _ae------ | ||
050 | 4 |
_aK1331 _bN53 2021eb |
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082 | 0 | 4 |
_a346.240922 _223 |
100 | 1 |
_aNifadopoulos, Christos, _eauthor |
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245 | 1 | 0 |
_aDealing in securities : _bthe law and regulation of sales and trading in Europe / _cChristos Nifadopoulos. |
250 | _aFirst edition. | ||
264 | 1 |
_a[London, England] : _bBloomsbury Professional, _c2021. |
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264 | 2 |
_a[London, England] : _bBloomsbury Publishing, _c2021 |
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300 | _a1 online resource (440 pages). | ||
336 |
_atext _2rdacontent |
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337 |
_acomputer _2rdamedia |
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338 |
_aonline resource _2rdacarrier |
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505 | 0 | _aChapter 1: Introduction -- Chapter 2: Authorising and Regulating Securities Dealing in Europe -- Chapter 3: Dealing in Securities and Primary Obligations -- Chapter 4: Market Abuse Regime in the EU -- Chapter 5: Insight: The Controversy on Dealing COmmissions and Unbundling -- Chapter 6: Insight: Multilateral and Bilateral Trading Systems -- Chapter 7: Mandatory Trading Obligations -- Chapter 8: Principal Trading - The Concept of Risk -- Chapter 9: Electronic Trading -- Chapter 10: Best Execution -- Chapter 11: Conclusions | |
506 | _aAbstract freely available; full-text restricted to individual document purchasers. | ||
520 |
_a"Begins with the essential questions: - whether brokerage and dealing in securities is regulated in a jurisdiction - what aspects of the activity could bring it in scope for authorisation; and - how it is determined which regulator has legal competence to supervise the business in scope. The recent liberalisation of national authorisation regimes across Europe in the wake of MiFID II and Brexit, which has resulted in tensions with recent attempts by the EU to harmonise centrally the single market authorisation regime, is fully addressed. It reviews the details of the activities of sales, sales trading, trading and execution, what they each constitute (with reference to established communication and order management systems), the potential conflicts of interest that they bring about for a firm and how such conflicts can be managed. Each of these activities are mapped against specific regulatory obligations, such as best execution, pre- and post-trade transparency, inducements, dealing commissions rules, the short selling regime and shareholder disclosures, depicting the obligations schematically to assist the practitioner. Also covers: - dealing commission unbundling, which has reformed the way the provision and consumption of independent research and corporate access are related to execution services, - the question of multilateral trading, in other words the point at which the activity of a broker becomes exchange-like and needs to be authorised as such, - principal trading and the ability of firms to advance risk to their clients in the wake of the Volcker rule in the United States and similar legislation in Germany and elsewhere, - the rise of Systematic Internalisers and the constraints imposed on them, such as the pre-trade transparency requirements and the tick size regime, and - electronic trading, algorithmic trading, direct electronic access and high frequency trading, as well as the risk control framework that is relevant to all these activities."-- _cProvided by publisher. |
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530 | _aAlso published in print. | ||
532 | 0 | _aCompliant with Level AA of the Web Content Accessibility Guidelines. Content is displayed as HTML full text which can easily be resized or read with assistive technology, with mark-up that allows screen readers and keyboard-only users to navigate easily | |
538 | _aMode of access: World Wide Web. | ||
650 | 0 |
_aSecurities _zEuropean Economic Community countries. |
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650 | 0 |
_aSecurities _xLaw and legislation _zEuropean Economic Community countries. |
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650 | 7 |
_aLaw,Banking law,International finance _2bicssc |
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655 | 0 | _aElectronic books. | |
776 | 0 | 8 |
_iPrint version: _z9781526514363 |
856 | 4 | 0 |
_3Abstract with links to full text _uhttps://doi.org/10.5040/9781526514394?locatt=label:secondary_bloomsburyCollections |
975 | _aBloomsbury Professional Law 2021 | ||
999 |
_c10956 _d10956 |