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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 3 July 2016 - onwards
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Regulation 7 Market manipulation

(1) A person who engages or attempts to engage in market manipulation (within the meaning of paragraph (3)) commits an offence.

(2) A person who incites, aids or abets another person to engage in market manipulation (within the meaning of paragraph (3)) commits an offence.

(3) For the purposes of this Regulation, "market manipulation" means any of the following activities:

(a) entering into a transaction, placing an order to trade or any other behaviour which -

(i) gives false or misleading signals as to the supply of, demand for, or price of, a financial instrument or a related spot commodity contract, or

(ii) secures the price of one or several financial instruments or a related spot commodity contract at an abnormal or artificial level,

unless the reasons for such activities are legitimate, and those transactions or orders to trade are in conformity with accepted market practices on the trading venue concerned;

(b) entering into a transaction, placing an order to trade or any othe

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