Home FCA Handbook SSR SSR 5 SSR 5.11 Information requests by the FCA
You are viewing SSR 5.11 Information requests by the FCA as of . SSR 5.11 Information requests by the FCA was last updated on 13/07/2026.

SSR 5.11 Information requests by the FCA

13/07/2026R
  1. (1) The FCA may require a person using the market maker exemption to provide to the FCA, in writing:
    1. (a) information, including about positions held or activities conducted under that exemption; or
    2. (b) other information, to demonstrate their compliance with the conditions of the market maker exemption.
  2. (2) The FCA may specify the manner in which, and the date by which, such information is to be provided.
  3. (3) This rule applies without prejudice to the generality of the FCA’s powers to request information under regulation 25 of the Short Selling Regulations 2025.
13/07/2026G

A requirement under SSR 5.11.1R(1) may, among other things, include information about a market maker’s correct application of the market maker exemption, including:

  1. (1) the financial instruments for which the market maker exemption is being utilised;
  2. (2) the market making activities that are being performed in those financial instruments, including those set out in SSR 5.13 to SSR 5.19;
  3. (3) records of orders and transactions in relation to the person’s market making activities that can easily be distinguished from its proprietary trading activities;
  4. (4) evidence that the person is a member of a UK trading venue or a trading venue in a country or jurisdiction other than the UK designated under Part 3 of the Short Selling Regulations 2025;
  5. (5) evidence that the person is an investment firm or credit institution (including the equivalent in an overseas jurisdiction);
  6. (6) whether and how the person is complying with the market making rules on a trading venue;
  7. (7) whether and how the guidance in SSR 5.13 to SSR 5.19 is being followed for the financial instruments for which the market maker exemption is being utilised in relation to the type of market making activity which is being undertaken; and
  8. (8) whether the market maker is registered on a trading venue as a market maker for the financial instrument(s) for which they are using the market maker exemption.