270Relevant dealing in financial instrumentsU.K.
This
adran has no associated
Nodiadau Esboniadol
[(1)In this Chapter “financial instrument” means—
(a)anything that is a financial instrument for any purpose of the [FCA Handbook or the PRA Handbook] , or
(b)an instrument not within paragraph (a) that is an option, future or contract for differences.
(1A)In this section “option”, “future” and “contract for differences” have the same meaning as in Part 7 of CTA 2009 (see sections 580 to 582 of that Act).]
(2)For the purposes of this Chapter, a dealing in a financial instrument is a “relevant dealing” if—
(a)it is a dealing other than in the capacity of a broker, and
(b)profits or losses on the dealing form part of the trading profits or losses of a business.
(3)In this section “broker” includes any person offering to sell securities to, or purchase securities from, members of the public generally.