Which is one of the financial instruments typically traded outside regulated markets?
Listed shares
Bonds
Mutual funds
Commodities
Which directive imposes the obligation to obtain the client's explicit consent for executing orders outside trading venues?
MiFID I Directive
MiFID II Directive
Delegated Regulation 2017/565
Code monétaire et financier
What is the main risk mentioned in Article 66(3)(e) of Delegated Regulation 2017/565 regarding off-venue order execution?
Market risk
Liquidity risk
Counterparty risk
Operational risk
Under Article L. 533-18 III of the Code monétaire et financier, what obligation is imposed when the execution policy provides for the possibility of executing orders outside regulated trading venues?
Inform the client of the associated financial risks
Obtain the client's explicit consent
Verify the client's solvency
Retain a record of the transaction
Most probative form of proving the client's explicit consent
Click to see answer
Categorize items by dragging them to the appropriate zones
Items to categorize:
Handwritten signature on a dedicated document
Ticking a checkbox on the order entry interface
Telephone recording of oral consent
Categories:
Physical or electronic evidence
Interactive electronic evidence
Audio evidence
A validation click on a dedicated consent web page may suffice if the client has been clearly informed of the implications.
True
False
A recorded oral agreement during a telephone call meets the regulatory requirements for obtaining the client's explicit consent.