CoachA regulated market is a multilateral system, operated by a market operator, that brings together multiple third-party buying and selling interests under non-discretionary rules and admits instruments to trading: the European legal form of an exchange. An organised trading facility (OTF) is a multilateral system whose operator may exercise discretion in matching; it exists for bonds and derivatives and may not trade shares.
Quantitative Finance · Glossary
What is Regulated market and organised trading facility?
Also known as: regulated market · organised trading facility