transferable securities and money market instruments dealt in on another regulated market in a Member State, which operates regularly and is recognised and open to the public;

transferable securities and money market instruments dealt in on another regulated market in a Member State, which operates regularly and is recognised and open to the public.

Calls on Member States, in the light of the growing risks which the European Union is running in terms of energy security, to speak with a single voice; notes that their current practices are anything but geared to this aspiration; considers it imperative, in the interests of security of supply, solidarity and of the effectiveness of negotiations with a view to determining the international regulatory framework, for the Commission to propose to Parliament and the Council the drawing up of a European energy policy which has due regard for the respective competences of the European Union and of the Member States: international relations, energy efficiency, combating climate change, f ...[+++]urther development of the internal market, negotiation of international treaties, forward studies and dialogue with producers and transit countries, energy research and diversification of energy supplies;

While daily marking to market may be performed by dealers, verification of market prices and model inputs should be performed by a unit independent of the dealing room, at least monthly (or, depending on the nature of the market/trading activity, more frequently).

While daily marking to market may be performed by dealers, verification of market prices and model inputs should be performed by a unit independent of the dealing room, at least monthly (or, depending on the nature of the market/trading activity, more frequently).

(219) During the Commission's preliminary investigations, negotiations took place between the complainant and WestLB with a view to finding a solution, i.e. to establish on a common basis a remuneration regarded as being in line with the market, without recourse to the procedure laid down in Article 88(2) of the EC Treaty.