Single capacity

1.

UK - London Stock Exchange (LSE)

Restricting members of the LSE to act either as market makers or as brokers, but not both.

This was the regime which applied before the 'Big Bang' changes of 1986.

2.

Similar prohibition of dual roles in other markets and contexts.

See also

• Big Bang
• Broker
• Broker-dealer
• Capacity
• Dual capacity
• London Stock Exchange
• Market maker