EU · MiFID II · TITLE II AUTHORISATION AND OPERATING CONDITIONS FOR INVESTMENT FIRMS · CHAPTER II Operating conditions for investment firms · Section 3 Market transparency and integrity
Article 32 MiFID IISuspension and removal of financial instruments from trading on an MTF or an OTF
Lets MTF and OTF operators suspend or remove instruments that no longer meet their rules, unless this would significantly harm investors or the market, together with related derivatives where necessary, with publication and notification. Where the reason is suspected market abuse, a takeover bid or non-disclosure of inside information, competent authorities must require other venues and SIs in their jurisdiction, and across the EU, to follow suit unless this would cause significant damage.
Level 2: delegated and implementing acts
- ITSIn forceLegal basis
AI summaryITS on the format and timing of publications and communications by trading venue operators and competent authorities when financial instruments, and related derivatives, are suspended, have a suspension lifted or are removed from trading, with website publication as the primary channel.
- Delegated actIn forceLegal basis
AI summaryThe main MiFID II Delegated Regulation: defines key terms (such as investment advice, systematic internaliser, algorithmic and high-frequency trading, and direct electronic access) and sets detailed organisational requirements and operating conditions for investment firms, including compliance, conflicts of interest, remuneration, client information, suitability and appropriateness, best execution, client order handling, reporting to clients, record keeping and transaction-level obligations.
- RTSIn forceLegal basis
AI summaryRTS specifying when derivatives related or referenced to a financial instrument suspended or removed from trading must also be suspended or removed, depending on how closely their price depends on that instrument (for example, single-underlying derivatives versus index derivatives).
Commentary
No law-firm commentary is linked to this provision yet.
393 more documents relate to MiFID II as a whole without naming an article.
UK counterpart
- DivergedExplicit reference · 90%
UK changes after exit to MAR 5.6A.1R: FCA 2025/40 (from 23 Oct 2025).
- DivergedExplicit reference · 90%
UK changes after exit to MAR 5A.9.1R: FCA 2025/40 (from 23 Oct 2025).
- REC 3.14.2AR · Products and servicesEquivalentExplicit reference · 90%
No change on either side since exit (31 Dec 2020). REC 3.14.2AR transposes the article, so the wording differs.
- REC 3.15.2AR · Suspension of servicesEquivalentExplicit reference · 90%
No change on either side since exit (31 Dec 2020). REC 3.15.2AR transposes the article, so the wording differs.
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Version history
- From 17 Sept 2014
Each entry is a consolidated version of the act on EUR-Lex in which this provision appears. The text itself is on the official site.