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Brokers’ ‘internalizer’ trading systems must apply minimum tick sizes, ESMA proposes

( March 27, 2018, 18:23 GMT | Official Statement) -- MLex Summary: Securities brokers’ in-house trading systems for clients must apply the same rules, such as minimum price increments also known as tick sizes, as other transaction venues, under final draft rules from the European Securities and Markets Authority. The measures, which aim to clarify the Markets in Financial Instruments Directive requirements for systematic internalizers, go to the European Commission for consideration.The text of the statement follows. The full document is attached below....

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