qualifying investments

qualifying investments
All financial instruments within the meaning of Article 1(3) of the Market Abuse Directive, that is:
• Transferable securities as defined in the Investment Services Directive (for example, shares in companies and other securities equivalent to shares in companies, bonds and other forms of securitised debt which are negotiable on the capital market and any other securities normally dealt in giving the right to acquire any such transferable securities by subscription or exchange or giving rise to a cash settlement, excluding instruments of payment).
• Units in collective investment undertakings.
• Money-market instruments.
• Financial-futures contracts, including equivalent cash-settled instruments.
• Forward interest-rate agreements.
• Interest-rate, currency and equity swaps.
• Options to acquire or dispose of any instrument falling into these categories, including equivalent cash-settled instruments.
• Derivatives on commodities.
• Any other instrument admitted to trading on a regulated market in a member state or for which a request for admission to trading on such a market has been made.
For further information, see the Code of Market Conduct on the Financial Services Authority's website.
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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