Legislation and Lit: Difference between pages

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imported>Doug Williamson
(Layout.)
 
imported>Doug Williamson
m (Link with MiFID page.)
 
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1.  
A lit market is one where orders are displayed on order books and are therefore pre-trade transparent.  


Written law created by a central law-making body (rather than by the courts).


 
Contrasted with orders in dark pools or dark orders, which are not pre-trade transparent.
2. ''Tax''.
 
Taxation law derived from a Finance Act in the UK.






== See also ==
== See also ==
* [[Finance Act]]
*[[Dark pool]]
* [[Primary legislation]]
*[[MiFID]]
* [[Regulation]]
* [[Secondary legislation]]
* [[Statutory instrument]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Corporate_finance]]
[[Category:Compliance_and_audit]]
[[Category:Compliance_and_audit]]
[[Category:Manage_risks]]

Latest revision as of 06:40, 4 August 2014

A lit market is one where orders are displayed on order books and are therefore pre-trade transparent.


Contrasted with orders in dark pools or dark orders, which are not pre-trade transparent.


See also