- the UK market (i) conducted by banks and other institutions regulated by the Financial Conduct Authority (FCA) and subject to the Inter-Professional Conduct provisions of the FCA's Market Conduct Sourcebook and (ii) in non-investment products which are subject to the guidance contained in the "Non-Investment Product Code" drawn up by the participants in the London market, including the FCA and the Bank of England (formerly known as "The Grey Paper");
- (a) NASDAQ in the United States, (b) the market in the US government securities conducted by the primary dealers regulated by the Federal Reserve Bank of New York; (c) the over-the-counter market in the United States conducted by primary and secondary dealers regulated by the Securities and Exchange Commission and the National Association of Securities Dealers and by banking institutions regulated by the US Controller of Currency, the Federal Reserve System or Federal Deposit Insurance Corporation;
- (a) NASDAQ Japan, (b) the over-the-counter market in Japan regulated by the Securities Dealers Association of Japan and (c) Market of the High-Growth and Emerging Stocks (“MOTHERS”)
- the alternative investment markets in the United Kingdom regulated and operated by the London Stock Exchange;
- the Hong Kong Growth Enterprise Market (“GEM”);
- TAISDAQ
- the Stock Exchange of Singapore Dealing and Automated Quotation (SESDAQ)
- the Taiwan Innovative Growing Entrepreneurs Exchange (“TIGER”)
- the Korean Securities Dealers Automated Quotation (“KOSDAQ”)
- the French Market for Titres de Créances Négotiables (over the counter market in negotiable debt instruments)
- the over the counter market in Canadian Government Bonds, regulated by the Investment Dealers Association of Canada-	EASDAQ (European Association of Securities Dealers Automated Quotation)
- In relation to any exchange traded financial derivative contract, any stock exchange on which such contract may be acquired or sold and which is regulated, operates regularly, is recognised and open to the public and which is:
	- located in an EEA Member State,
	- located in Australia, Canada, Hong Kong, Japan, New Zealand, Switzerland, United Kingdom,

Translation (ENIT, 2021-08-10):
- il mercato del Regno Unito (i) condotto dalle banche e da altre istituzioni regolamentate dalla Financial Conduct Authority (FCA) e soggetto alle clausole di condotta interprofessionale del Market Conduct Sourcebook della FCA e (ii) in prodotti non di investimento soggetti alle indicazioni contenute nel "Non- Investment Product Code" redatto dai partecipanti della borsa di Londra, comprese FCA e Banca d’Inghilterra (noto in passato come "The Grey Paper");
- (a) NASDAQ negli Stati Uniti, (b) il mercato dei titoli statunitensi condotto dai principali intermediari e regolamentato dalla Federal Reserve Bank of New York; (c) il mercato “over-the-counter” negli Stati Uniti, governato dal intermediari primari e secondari regolamentati dalla Securities and Exchange Commission e dalla National Association of Securities Dealers, nonché da istituti bancari regolamentati dallo US Controller of Currency, dal Federal Reserve System o dalla Federal Deposit Insurance Corporation;
- (a) NASDAQ Giappone, (b) il mercato “over-the-counter” in Giappone, regolamentato dall’Associazione degli intermediari di titoli del Giappone e (c) mercato dei titoli High-Growth ed emergenti (“MOTHERS”)
- i mercati d’investimento alternativo nel Regno Unito, regolamentati e operati dal London Stock Exchange;
- Hong Kong Growth Enterprise Market (“GEM”);
- TAISDAQ
- Stock Exchange of Singapore Dealing and Automated Quotation (SESDAQ)
- Taiwan Innovative Growing Entrepreneurs Exchange (“TIGER”)
- Korean Securities Dealers Automated Quotation (“KOSDAQ”)
- French Market for Titres de Créances Négotiables (il mercato francese dei titoli di credito negoziabili)
- il mercato “over the counter” in titoli di stato canadesi, regolamentato dall’Investment Dealers Association of Canada-	EASDAQ (European Association of Securities Dealers Automated Quotation)
- In relazione ad eventuali operazioni su contratti derivati di tipo ETF, qualsiasi borsa valori su cui tale contratto sarà acquistato o venduto e che è regolamentata, funziona regolarmente, è riconosciuta e aperta al pubblico e che sia:
	- situata in uno Stato Membro dello SEE,
	- situata in Australia, Canada, Hong Kong, Giappone, Nuova Zelanda, Svizzera, Regno Unito, Stati Uniti d’America