switching of financial instruments
Defined in Article 4, Directive 2014/65/EU (MIFID II)
Definitions over time (1)
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28/02/2022 – today applies on 13/11/2026 Article 4, Directive 2014/65/EU (MIFID II) Scope: Whole act
For the purposes of this Directive, the following definitions apply:
‘switching of financial instruments’ means selling a financial instrument and buying another financial instrument or exercising a right to make a change with regard to an existing financial instrument;