Trading venues and systematic internalisers – changes in security statuses

Trading venues and systematic internalisers (SIs) may have to notify us when there are changes in the status of the securities they trade. These include suspension and removal (cancellation) of certain financial instruments from trading and any subsequent restoration.

Submitting information to us

In some circumstances, a UK trading venue will decide to suspend or remove an instrument. This may be because it no longer complies with the venue’s rules, and/or because of suspected market abuse, a take-over bid or the non-disclosure of inside information about the issuer or financial instrument.

If this applies to a security traded on your venue, you must inform us using the trading venue reporting form.

Complete the form in the format set out in the technical standards, and then email it to our Issuer Management team: [email protected]

You’ll need to specify the reason for the action, including restorations of any suspensions.

Only the trading venue making the initial decision needs to make the notification to us – trading venues following action from us or from other UK trading venues don’t need to make a submission.

If the reason for the action relates to:

  • suspected market abuse
  • filing of tender offers and related events (a take-over bid)
  • the non-disclosure of inside information about the issuer or the instrument (see Articles 7 and 17 of the Regulation (EU) No. 596/2014, as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019) (SI 2019/310))

Make sure you use the relevant text at the beginning of the entry for ‘Reason For Action’.

Notifications from us

Where action is required in relation to security statuses, we inform UK trading venues and SIs by email. 

It may also be necessary for a trading venue or SI to suspend or remove a derivative from trading.

Listing regime

These requirements do not apply in relation to listing suspensions, removals and restorations.

Our record of trading venue notifications

For notifications from UK trading venues, or created by us, we provide a record of where we have required action in relation to security statuses.

MiFID II Articles 32/52 notification

We aim to update this daily, where required. It includes information where, following a notification from a UK trading venue, and because of potential significant damage to the interests of investors or the orderly functioning of the market, we have decided not to require other trading venues to also suspend or remove an instrument or derivative from trading.

The workbook also explains the relevant fields. Securities may appear more than once.

The workbook should not be used to determine the current status of a security because it only records actions under Part 18A FSMA 2000 and related technical standards – and not where the security status has changed for other reasons.

For more information see:

Page updates

18/01/2021: Link changed fixed broken link