18. Market manipulation.

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Pytanie English Odpowiedź English
4 main forms of market manipulation:
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Benchmark manipulation. | Transactions manipulation. | Dissemination. | Devices manipulation.
BT DD
Manipulating Transactions essence:
4 main forms of market manipulation:
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Using transactions or orders without a legitimate reason to artificially influence the price of an investment, or create a false or misleading impression of supply or demand.
Manipulating Devices essence:
4 main forms of market manipulation:
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behaviour that consists of effecting transactions which employ fictitious devices or any other form of deception or contrivance.
Dissemination essence:
4 main forms of market manipulation:
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Spreading information that gives or is likely to give a false or misleading impression about a qualifying investment, where the person knew that the information was false or misleading.
Benchmark Manipulation essence:
4 main forms of market manipulation:
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Transmitting false or misleading inputs in relation to a benchmark.
UK MAR recognises that not all unusual trading activity constitutes market abuse, provided that...
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the behaviour can be justified as legitimate and consistent with accepted market practices on the market (valid commercial reasons)
What does stand for PDMR?
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Person Discharging Managerial Responsibilities
osoba pełniąca obowiązki kierownicze
They must ensure their transactions are transparent and promptly disclosed.
Examples of PDMR?
2
Person Discharging Managerial Responsibilities
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Directors. | Senior executives.
The definition of ‘PDMR’ extends to those who are closely associated with them.
PDMRs must notify the issuer or the emission allowance market about...
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personal transactions:
PDMR must be made personal transaction notifications, no later than...
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3 days after the transaction
details including:
Name of the issuer or emission allowance participant. | Description and identifier of the instrument traded.
Individuals conducting transactions in their company’s - the closed period is...
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30 calendar days before the announcement of the company’s interim or annual financial report.
Persons Closely Associated are as individuals such as...
2cz
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Spouses, dependent children, | Entities controlled by the PDMR.
SE
What does stand for AMP?
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Accepted Market Practices
A defence against potential market manipulation charges.
Accepted Market Practices aspects. Legitimate Reasons essence:
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Transactions or behaviours must be carried out for legitimate reasons to be considered an AMP.
Accepted Market Practices aspects. Conforming to Accepted Market Practices. The behaviour must...
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must align with the ESTABLISHED AMP for it to be considered acceptable.
Accepted Market Practices aspects. Consultation: Before establishing an AMP, the FCA is required to consult with...
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... with relevant STAKEHOLDERS like issuers, financial service providers, and market participants.
Accepted Market Practices aspects. Transparency essence:
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The AMPs identities must be disclosed.

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