|
Country
|
Title of regulated market
|
Operating entity
|
Competent authority for designation and oversight of market
|
|
Austria
|
|
1.
|
Amtlicher Handel (official market)
|
|
Wiener Börse AG (1-2)
|
Finanzmarktaufsichtsbehörde (FMA — Financial Markets Authority)
|
|
2.
|
Geregelter Freiverkehr (second regulated market)
|
|
|
Belgium
|
|
1.
|
Bourse de valeurs mobilières de Bruxelles (Euronext Brussels):
|
—
|
le marché ‘Eurolist Brussels’,
|
|
—
|
le marché des instruments dérivés
|
|
|
|
|
1.
|
Ministre des Finances sur avis de la commission bancaire, financière et des assurances (CBFA)
Autorité de marché = CBFA
|
|
|
2.
|
Le marché hors bourse des obligations linéaires, des titres scindés et des certificats de trésorerie
|
|
|
|
2.
|
Législateur (art.144, §2 de la loi du 2.8.2002)
Autorité de marché = Comité du Fonds des rentes, pour compte de la CBFA
|
|
|
Bulgaria
|
|
1.
|
Официален пазар (official market)
|
|
Българска Фондова Борса — София АД (Bulgarian Stock Exchange — Sofia JSCo)
|
Комисия за финансов надзор (Financial Supervision Commission)
|
|
2.
|
Неофициален пазар (unofficial market)
|
|
|
Cyprus
|
Cyprus Stock Exchange
|
Cyprus Stock Exchange
|
Cyprus Securities and Exchange Commission
|
|
Czech Republic
|
|
1.
|
Main market (Hlavni Trh)
|
|
|
1.-3.
|
Prague Stock Exchange (Burza cennych papírů Praha, a.s.)
|
|
Czech National Bank
|
|
2.
|
Secondary market (Vedlejsi trh)
|
|
|
3.
|
Free market (Volny trh)
|
|
|
4.
|
RM SYSTEM official market
|
|
|
4.
|
RM SYSTEM a.s. — Organizer of regulated market
|
|
|
Denmark
|
|
1.
|
Københavns Fondsbørs (Copenhagen Stock Exchange)
|
|
|
1.
|
Copenhagen Stock Exchange Ltd
|
|
Finanstilsynet (Danish Financial Supervisory Authority)
|
|
2.
|
Dansk Autoriseret Markedsplads A/S (Danish Authorised Market Place Ltd (DAMP)) [authorised market place = regular trade in securities admitted for trading but not listed on stock exchange]
|
|
|
2.
|
Danish Authorised Market Place Ltd (DAMP)
|
|
|
Estonia
|
|
1.
|
Väärtpaberibörs (Stock Exchange)
|
—
|
Põhinimekiri (main list)
|
|
—
|
Investorinimekiri (investor list)
|
|
—
|
Võlakirjade nimekiri (list for debt instruments)
|
|
—
|
Fondiosakute nimekri (list for fund shares)
|
|
|
AS Tallinna Börs (Tallinn Stock Exchange Ltd)
|
Finantsinspektsioon (Estonian Financial Supervision Authority)
|
|
2.
|
Reguleeritud turg (regulated market)
|
|
|
Finland
|
Arvopaperipörssi (Stock Exchange)
|
—
|
Pörssilista (official list)
|
|
—
|
Pre-lista ja Muut arvopaperit -lista (pre list and other securities list)
|
|
OMX Nordic Exchange Helsinki Oy (OMX Nordic Exchange Helsinki Ltd)
|
Designation: Ministry of Finance
Oversight:
|
—
|
Approval of rules: Ministry of Finance
|
|
—
|
Supervision of compliance: Rahoitustarkastus/Finnish Financial Supervision Authority
|
|
|
France
|
|
Euronext Paris (1-3)
|
Proposition de l'Autorité des marchés financiers (AMF)
Reconnaissance par le ministre chargé de l'économie (cf. article L. 421-1 du code monétaire et financier)
|
|
|
|
|
|
Germany
|
|
|
Börsenaufsichtsbehörden der Länder (Stock Exchange supervisory authorities of the federal states) and the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
State authorities:
|
|
1.
|
Börse Berlin-Bremen (Amtlicher Handel, Geregelter Markt)
|
|
|
|
1.
|
Senatsverwaltung für Wirtschaft, Technologie und Frauen, Berlin
|
|
|
2.
|
Düsseldorfer Börse (Amtlicher Handel, Geregelter Markt)
|
|
|
|
2.
|
Finanzministerium des Landes Nordrhein-Westfalen, Düsseldorf
|
|
|
3.
|
Frankfurter Wertpapierbörse (Amtliche Markt, Geregelter Markt)
|
|
|
|
3. & 4.
|
Hessisches Ministerium für Wirtschaft, Verkehr und Landesentwicklung, Wiesbaden
|
|
|
|
|
|
5.
|
Hanseatische Wertpapierbörse Hamburg (Amtlicher Markt, Geregelter Markt, startup market)
|
|
|
|
5.
|
Freie und Hansestadt Hamburg, Behörde für Wirtschaft und Arbeit
|
|
|
6.
|
Niedersächsische Börse zu Hannover (Amtlicher Markt, Geregelter Markt)
|
|
|
|
6.
|
Niedersächsisches Ministerium für Wirtschaft, Arbeit und Verkehr, Hannover
|
|
|
7.
|
Börse München (Amtlicher Markt, Geregelter Markt)
|
|
|
|
7.
|
Bayerisches Staatsministerium für Wirtschaft, Infrastruktur, Verkehr und Technologie, München
|
|
|
8.
|
Baden-Württembergische Wertpapierbörse (Amtlicher Markt, Geregelter Markt)
|
|
|
|
8.
|
Wirtschaftsministerium Baden-Württemberg, Stuttgart
|
|
|
9.
|
Risk Management Exchange Hannover (Geregelter Markt)
|
|
|
|
9.
|
Niedersächsisches Ministerium für Wirtschaft, Arbeit und Verkehr, Hannover
|
|
|
10.
|
European Energy Exchange
|
|
|
10.
|
European Energy Exchange AG, Leipzig
|
|
|
10.
|
Sächsisches Staatsministerium für Wirtschaft und Arbeit, Dresden
|
|
|
Greece
|
|
|
|
1.
|
Hellenic Capital Market Commission (HCMC)
|
|
|
2.
|
Electronic Secondary Securities' Market (HDAT-Debt Instrument's Market)
|
|
|
|
2.
|
Hellenic Capital Market Commission (HCMC)
|
|
|
Hungary
|
|
1.
|
Budapesti Értéktőzsde Zrt. (Budapest Stock Exchange)
|
—
|
Részvényszekció (Equities Section)
|
|
—
|
Hitelpapír szekció (Debt Securities Section)
|
|
—
|
Származékos szekció (Derivatives Section)
|
|
—
|
Áru szekció (Commodities Section)
|
|
|
Budapesti Értéktőzsde Zrt. (Budapest Stock Exchange)
|
Pénzügyi Szervezetek Állami Felügyelete (Hungarian Financial Supervisory Authority)
|
|
Ireland
|
Main Market of the Irish Stock Exchange
|
Irish Stock Exchange Ltd.
|
The Irish Financial Services Regulatory Authority (‘Financial Regulator’) authorises ‘regulated markets’ and (excluding listing conditions) vets and approves rules for operations as prepared by the market operator of the regulated market
|
|
Italy
|
|
1.
|
Electronic share market (MTA)
|
|
|
Consob authorises companies which manage markets and approve their by-laws and regulations
For wholesale markets for Government securities, the operating company is authorised by the Ministry of Economy and Finance having regard to the opinion of Consob and Banca d'Italia
|
|
|
|
|
|
4.
|
Electronic bond market (MOT)
|
|
|
5.
|
Electronic open-end funds and ETCs market (ETF-Plus)
|
|
|
6.
|
Electronic securitised derivatives market (SeDeX)
|
|
|
7.
|
Italian derivatives market for the trading of the financial instruments referred to in Articles 1(2)(f) and 1(2)(i) of the Consolidated Law on Finance (IDEM)
|
|
|
8.
|
Wholesale italian and foreign government bond market (MTS)
|
|
|
8.-10.
|
Società per il Mercato dei Titoli di Stato — MTS SpA
|
|
|
9.
|
Wholesale trading in non-government bonds and securities issued by international organisations with government participation (MTS Corporate)
|
|
|
10.
|
Wholesale online trading in government bonds (BondVision)
|
|
|
|
|
|
Latvia
|
Riga Stock Exchange:
|
JSC Rigas Fondu Birza
|
Financial and Capital Market Commission
|
|
Lithuania
|
Vilnius Stock Exchange:
|
—
|
The main list of the Vilnius Stock Exchange
|
|
—
|
The secondary list of the Vilnius Stock Exchange
|
|
—
|
The debt securities list of the Vilnius Stock Exchange
|
|
Vilnius Stock Exchange
|
Lithuanian Securities Commission
|
|
Luxembourg
|
Bourse de Luxembourg
|
Société de la Bourse de Luxembourg SA
|
Commission de surveillance du secteur financier
|
|
Malta
|
Malta Stock Exchange
|
Malta Stock Exchange
|
Malta Financial Services Authority
|
|
Netherlands
|
|
1.
|
|
(a)
|
Euronext Amsterdam cash market:
|
|
(b)
|
Euronext Amsterdam derivatives market
|
|
|
|
1.
|
NYSE Euronext (International) BV, NYSE Euronext (Holding) BV, Euronext NV, Euronext (Holdings) NV and Euronext Amsterdam NV
|
|
License by the Minister of Finance after advice from the Netherlands Authority for the Financial Markets Supervision by the Netherlands Authority for the Financial Markets and the Dutch Ministry of Finance
|
|
|
|
2.
|
ENDEX European Energy Derivatives Exchange NV
|
|
|
|
|
|
Poland
|
|
1.
|
Rynek podstawowy (main market)
|
|
|
1. and 2.
|
Gielda Papierów Wartościowych w Warszawie (Warsaw Stock Exchange)
|
|
Komisja Nadzoru Finansowego (Financial Supervisory Commission)
|
|
2.
|
Rynek równolegly (parallel market)
|
|
|
3.
|
Rynek Papierów Wartosciowych CeTO (regulowany rynek pozagieldowy) (CeTO securities market regulated off-exchange market)
|
|
|
|
Portugal
|
|
1.
|
Eurolist by Euronext Lisbon (Official listing market)
|
|
Markets 1 and 2:
Euronext Lisbon — Sociedade Gestora de Mercados Regulamentados, SA
|
Finance Ministry authorises markets by proposal from the Comissão do Mercado de Valores Mobiliários (CMVM, responsible for market regulation and supervision)
|
|
2.
|
Mercado de Futuros e Opções (Futures and options market)
|
|
|
3.
|
MEDIP — Mercado Especial de Dívida Pública (Special market for public debt)
|
|
Market 3:
MTS Portugal — Sociedade Gestora do Mercado Especial de Dívida Pública, SGMR, SA
|
|
Romania
|
|
1.
|
Piaţa reglementată (Spot regulated market — BVB)
|
|
|
1. and 2.
|
S.C. Bursa de Valori Bucureşti SA (Bucharest Stock Exchange SA)
|
|
Comisia Naţională a Valorilor Mobiliare (Romanian National Securities Commission)
|
|
2.
|
Piaţa reglementată la termen (Derivatives regulated market — BVB)
|
|
|
3.
|
Piaţa reglementată (Derivatives regulated market — BMFMS)
|
|
|
3.
|
S.C. Bursa Monetar-Financiară şi de Mărfuri SA Sibiu (Monetary-Financial and Commodities Exchange SA Sibiu)
|
|
Comisia Naţională a Valorilor Mobiliare (Romanian National Securities Commission)
|
|
Slovak Republic
|
|
1.
|
Market of listed securities
|
|
Bratislava Stock Exchange
|
National Bank of Slovakia
|
|
|
|
Slovenia
|
|
1.
|
Borzni trg (Ljubljana Stock Exchange official market)
|
|
Ljubljana Stock Exchange (Ljubljanska borza)
|
Securities Markets Agency (Agencija za trg vrednostnih papirjev)
|
|
2.
|
Prosti trg (Ljubljana Stock Exchange semi-official market)
|
|
|
Spain
|
|
A.
|
Bolsas de Valores (all comprise first, second and new market segments)
|
1.
|
Bolsa de Valores de Barcelona
|
|
2.
|
Bolsa de Valores de Bilbao
|
|
3.
|
Bolsa de Valores de Madrid
|
|
4.
|
Bolsa de valores de Valencia
|
|
|
|
A.1:
|
Sociedad Rectora de la Bolsa de Valores de Barcelona SA
|
|
A.2.
|
Soc. Rectora de la Bolsa de Valores de Bilbao SA
|
|
A.3.
|
Soc. Rectora de la Bolsa de Valores de Madrid SA
|
|
A.4.
|
Soc. Rectora de la Bolsa de Valores de Valencia SA
|
|
CNMV (Comisión Nacional del Mercado de Valores) Banco de España, responsible for market for public debt
|
|
B.
|
Mercados oficiales de Productos Financieros Derivados
|
|
|
B.1.
|
Soc. Rectora de Productos Financieros Derivados de RENTA Fija SA
|
|
B.2.
|
Soc. Rectora de Productos Financieros Derivados de Renta Variable SA
|
|
|
C.
|
Mercado MFAO de Futuros del Aceite de Oliva
|
|
|
C.
|
(MFAO) Sociedad Rectora del Mercado de Futuros del Aceite de Oliva, SA
|
|
|
D.
|
AIAF Mercado de Renta Fija
|
|
|
D.
|
AIAF Mercado de Renta Fija
|
|
|
E.
|
Mercados de Deuda Pública en Anotaciones
|
|
|
|
Sweden
|
|
1.
|
OMX Nordic Exchange Stockholm
|
|
|
1.
|
OMX Nordic Exchange Stockholm AB
|
|
Finansinspektionen (Financial Supervisory Authority)
|
|
|
|
2.
|
Nordic Growth Market NGM AB
|
|
|
United Kingdom
|
|
|
|
1.-7.
|
Financial Services Authority
|
|
|
|
|
|
3.
|
virt-x Exchange Limited
|
|
|
3.
|
virt-x Exchange Limited
|
|
|
4.
|
The London International Financial Futures and Options Exchanges (LIFFE)
|
|
|
4.
|
LIFFE Administration and Management
|
|
|
5.
|
The London Metal Exchange
|
|
|
5.
|
The London Metal Exchange Limited
|
|
|
|
|
|
7.
|
London Stock Exchange — Regulated Market
|
|
|
7.
|
London Stock Exchange plc
|
|
|
Iceland
|
|
1.
|
OMX Nordic Exchange á Íslandi (regulated market)
|
|
|
Fjármálaeftirlitið (Financial Supervisory Authority)
|
|
2.
|
First North (multilateral trading facility)
|
|
|
|
Norway
|
|
1.
|
Oslo Stock Exchange (official listing)
|
—
|
Derivatives market (financial)
|
|
|
|
Kredittilsynet (Financial Supervisory Authority of Norway)
|
|
|
|
|
3.
|
Nord Pool (official listing)
|
—
|
Derivatives market (commodity)
|
|
|
|
|
4.
|
Imarex
|
—
|
Derivatives market (commodity)
|
|
|
|
|
5.
|
Fish Pool
|
—
|
Derivatives market (commodity)
|
|
|
|
|
6.
|
Fishex
|
—
|
Derivatives market (commodity)
|
|
|
|
