the act of piercing or perforating, as with a pointed instrument or object. 2. a hole or mark so made. 3. Zoology. a small pointlike depression. verb (used with object), punctured, puncturing. 4. to pierce or perforate, as with a pointed instrument: to puncture leather with an awl. 5. to make (a hole, perforation, etc.) by piercing or perforating: He punctured a row of holes in the cardboard.
A Regulated Market is a multilateral system, (as defined by MiFID), which brings together or facilitates the bringing together of multiple third-party buying and selling interests in financial instruments in a way that results in a contract. For example, the London Stock Exchange (LSE).
MPF Intermediaries and Regulated Activities. MPF Intermediaries. (i) an authorized financial institution registered under the Securities and Futures Ordinance (SFO) (Chapter 571, Laws of Hong Kong) for Type 1 or Type 4 regulated activity, or both; (ii) a corporation licensed under the SFO to carry on Type 1 or Type 4 regulated activity, or both; (iii) an insurer authorized under the Insurance Companies Ordinance (ICO) (Chapter 41, Laws of Hong Kong) to carry on long term insurance business; and.