Risk glossary


Systematic internaliser (SI)

The term refers to a European Union regulatory classification that applies primarily to market-makers and interdealer brokers. SIs conduct a significant amount of bilateral trading off-venue and deal on their own account. They are subject to pre- and post-trade transparency requirements. The operator of an SI cannot own an organised trading facility in the same legal entity.

Click here for articles on systematic internalisers. 

  • LinkedIn  
  • Save this article
  • Print this page  

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here