Entire Section

  • COB 9.8.1 COB 9.8.1

    An ATS Operator must not refer to a facility it operates as an ‘investment token market’, ‘security token market’, ‘derivative token market’, or using any other similar term, unless it is a facility on which only Investment Tokens are traded.

     

    Derived from DFSA RMI311/2021 (Made 30th June 2021). [VER39/10-21]

    • COB 9.8.1 Guidance

      1. An ATS Operator should not refer to a facility, where both Investment Tokens and conventional Investments are traded, using terms referred to in COB Rule 9.8.1.
      2. An ATS Operator that trades both conventional Investments and Investment Tokens may operate a distinct facility on which only Investment Tokens are traded, provided it is able to effectively maintain and demonstrate a clear separation between that facility and its other facilities on which conventional Investments are traded or cleared.

       

      Derived from DFSA RMI311/2021 (Made 30th June 2021). [VER39/10-21]