(1) If operating an MTF, an investment firm or market operator, for shares admitted to trading on a regulated market, shall make public the price, volume and time of the transactions carried out under its systems, as soon as possible, on reasonable commercial terms and in a manner easily accessible to other market participants.
(2) Paragraph (1) does not apply in respect of transactions referred to in that subsection that are made public under the systems of a regulated market.
(3) On application by an investment firm or market operator, the Bank may permit the investment firm or market operator to defer making public the price, volume and time of the transactions referred to in paragraph (1), if the Bank considers the deferment appropriate based on the type and size of the transactions.
(4) Notwithstanding paragraph (3), unless the Bank otherwise directs, an investment firm or market operator operating an MTF may defer publication under paragraph (1) in accordance with the criter