Trading venues · Question 10 of 12
How does the open market (Freiverkehr) differ from the regulated market?
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Answer
- A It is run by the exchange under private law and has lower requirements
Explanation
The regulated market is governed by law, and issuers there have extensive admission and ongoing obligations. The open market is run by the exchange under its own terms and conditions with lower requirements. Trading there is also monitored, and retail investors can trade there.