ERM Glossary: Systematic internaliser (SI)

[this page | pdf | back links]

Systematic internalisation is a concept being introduced by MiFID II in the EU. A systematic internaliser is a market participant that is allowed to execute client transactions against its own internal proprietary capital but is not allowed to bring together different clients in functionally the same way as a regulated market.


Contents | Prev | Next

Desktop view | Switch to Mobile