In assessing an application for a
(a) whether the establishment of an
Alternative Trading System is, or is likely to be, in the interests of the Financial Services and Markets industry;
(b) whether the
Alternative Trading System will or is likely to lead to more efficient price discovery of, or deepen liquidity in, an Investment; and
(c) whether there is any risk of market fragmentation, loss of liquidity or inefficiency in price discovery as a result of the proposed
Alternative Trading System operation.
[Added] Notice of Amendments to Legislation April 2011 [VER27/02-11]