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Securities Markets Order, 2013 · s 52

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s 52General requirements for market operators

(1J

No person shall establish or operate a regulated market, or maintain or assist in establishing operating or maintaining, or hold himself out as providing, operating or maintaining a regulated market, unless the person is-

{a}

a licensed, recognised or designated securities exchange;

{b)

a licensed, recognised or designated clearing house; or

{c) a licensed, recognised or designated trading system.