TSC limit orders
The Markets in Financial Instruments Directive (MiFID) took effect on 1 November 2007. One of the key obligations imposed by MiFID is the requirement for market participants to display unexecuted limit orders in all EU-listed shares, unless a client expressly consents otherwise. Whilst this requirement does not have an impact upon Sharemark, it does impact upon The Share Centre, Sharemark's operator.
MiFID requires The Share Centre to publish limit orders on one of three venues, a Multilateral Trading Facility (MTF), a Regulated Market or to make other proprietary arrangements. The Share Centre has chosen to publish limit orders on Sharemark as it is classified as an MTF. If you have any enquiries regarding this area of the website, please contact Chris Hutsal of The Share Centre's Dealing Team on 01296 41 42 43.
Please note that all limits are on an "All or None" basis, for T+3 Crest settlement and in Sterling.
To view The Share Centre's limit orders, please click on the link below.
http://www.share.com/cgi-bin/oicgi.exe/inet_limit_display_nbv