Exchanges
Recognised Investment Exchanges:
We recognise and supervise a number of Recognised Investment Exchanges (RIEs) and Recognised Clearing Houses (RCHs) under the Financial Services and Markets Act 2000. Recognition gives an exemption from the need to be authorised to carry on a regulated activities in the United Kingdom. To be recognised, RIEs and RCHs must comply with the recognition requirements laid down in the Financial Services and Markets Act 2000 (Recognition Requirement for Investment Exchanges and Clearing Houses) Regulations 2001.
RIEs, in their capacity as market operators, may operate regulated markets and multilateral trading facilities, as respectively defined in Article 4.14 and 4.15 of the Markets in Financial Instruments Directive (2004/39/EC). The list of regulated markets operated by RIEs is set out in the Regulated Markets section below.
Where an RIE provides arrangements in other Member States to help with access to its markets by remote members or participants established in those Member States, you can access the details within this section. Where an RIE provides these facilities for a regulated market, you can access the details in the Regulated Markets section.
| Name |
|---|
| LIFFE Administration and Management |
| London Stock Exchange plc |
| PLUS Stock Exchange Plc |
| The London Metal Exchange Limited |
Recognised Overseas Investment Exchanges:
The FSA has recognised and supervises a number of Recognised Overseas Investment Exchanges (ROIEs), and has the power to recognise and supervise Recognised Overseas Clearing Houses (ROCHs) under the Financial Services and Markets Act 2000 (FSMA). In order to be recognised, ROIEs and ROCHs must satisfy the requirements of S.292(3) of FSMA.
Recognised Clearing Houses:
The FSA has recognised and supervises a number of Recognised Investment Exchanges (RIEs) and Recognised Clearing Houses (RCHs) under the Financial Services and Markets Act 2000. Recognition confers an exemption from the need to be authorised to carry on regulated activities in the United Kingdom. In order to be recognised, RIEs and RCHs must comply with the recognition requirements laid down in the Financial Services and Markets Act 2000 (Recognition Requirements for Investment Exchanges and Clearing Houses) Regulations 2001.
| Name |
|---|
| CME Clearing Europe Limited |
| Euroclear UK & Ireland Limited |
| European Central Counterparty Ltd |
| ICE Clear Europe Limited |
| LCH.Clearnet Limited |
Recognised Overseas Clearing Houses:
The FSA has recognised and supervises a number of Recognised Overseas Investment Exchanges (ROIEs), and has the power to recognise and supervise Recognised Overseas Clearing Houses (ROCHs) under the Financial Services and Markets Act 2000 (FSMA). In order to be recognised, ROIEs and ROCHs must satisfy the requirements of S.292(3) of FSMA.
| Name |
|---|
| Cassa di Compensazione e Garanzia SpA |
| Eurex Clearing AG |
| European Multilateral Clearing Facility NV |
| ICE Clear U.S., Inc. |
| LCH SA |
| SIX X-Clear |
| The Chicago Mercantile Exchange [CME] |
Recognised Auction Platforms:
The FSA recognises and supervises Recognised Auction Platforms (RAPs), to conduct auctions in EU emission allowances, under the Financial Services and Markets Act 2000 (Recognised Auction Platforms) Regulations 2011. RAPs must also be recognised as Recognised Investment Exchanges (RIEs) but they do not carry out secondary market activities in relation to emission allowances. Recognition confers an exemption from the need to be authorised to carry on regulated activities in the United Kingdom.
| Name |
|---|
| ICE Futures Europe (RIE) |
Designated Investment Exchanges:
An investment exchange which does not carry on a regulated activity in the United Kingdom and is not a regulated market may apply to the FSA to be included on the FSA's list of designated investment exchanges. Before adding an investment exchange to the list of designated investment exchanges, the FSA will look at whether the investment exchange provides an appropriate degree of protection for consumers. The FSA will also undertake a public consultation prior to adding the investment exchange to the list of designated investment exchanges.
Designation allows firms to treat transactions effected on a designated investment exchange in the same way as they would treat transactions effected on a RIE.
| Name |
|---|
| American Stock Exchange |
| Australian Stock Exchange |
| Bermuda Stock Exchange |
| Bolsa Mexicana de Valores |
| Bourse de Montreal Inc |
| Channel Islands Stock Exchange |
| Chicago Board of Trade |
| Chicago Board Options Exchange |
| Chicago Stock Exchange |
| Coffee, Sugar and Cocoa Exchange, Inc |
| Euronext Amsterdam Commodities Market |
| Hong Kong Exchanges and Clearing Limited |
| International Capital Market Association |
| Johannesburg Stock Exchange |
| Kansas City Board of Trade |
| Korea Stock Exchange |
| MidAmerica Commodity Exchange |
| Minneapolis Grain Exchange |
| New York Cotton Exchange |
| New York Futures Exchange |
| New York Stock Exchange |
| New Zealand Stock Exchange |
| Osaka Securities Exchange |
| Pacific Exchange |
| Philadelphia Stock Exchange |
| Singapore Exchange |
| South African Futures Exchange |
| Tokyo International Financial Futures Exchange |
| Tokyo Stock Exchange |
| Toronto Stock Exchange |
Regulated Markets:
Under Article 47 of the Markets in Financial Instruments Directive (2004/39/EC) we are responsible for maintaining the list of regulated markets for which we are the Home Member State. A market may ask to be added to the list of regulated markets if it satisfies the requirements set out in Title III of MiFID.
Where applicable, passport details for Regulated Markets will be displayed in a new window.
| Name | Operating Entity |
|---|
(1) Further detail on the scope of regulated market status for these markets can be found on the London Stock Exchange regulated markets website page.
(2) Further detail on the scope of regulated market status for these markets can be found on the virt-x website page.
(3) Further detail on the scope of regulated market status for this market can be found on the EDX website page.
(4) EEA market operators which provide arrangements to facilitate access to their regulated markets and multilateral trading facilities are shown in the attached list.