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UK Delegated Regulation (EU) 2017/584Commission Delegated Regulation (EU) 2017/584 of 14 July 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying organisational requirements of trading venues (Text with EEA relevance)

Read the official text on legislation.gov.uk(opens in a new tab)

UK version of Delegated Regulation (EU) 2017/584. Changes the FCA made by standards instruments are not recorded on legislation.gov.uk, so this page cannot show whether the UK version has diverged.

Contents

CHAPTER I: GENERAL ORGANISATIONAL REQUIREMENTS FOR TRADING VENUES ENABLING OR ALLOWING ALGORITHMIC TRADING THROUGH THEIR SYSTEMS

  1. Article 1 Subject matter and scope(Article 48 of Directive 2014/65/EU)
  2. Article 2 Self-assessments of compliance with Article 48 of Directive 2014/65/EU(Article 48 of Directive 2014/65/EU)
  3. Article 3 Governance of trading venues(Article 48(1) of Directive 2014/65/EU)
  4. Article 4 Compliance function within the governance arrangements(Article 48(1) of Directive 2014/65/EU)
  5. Article 5 Staffing(Article 48(1) of Directive 2014/65/EU)
  6. Article 6 Outsourcing and procurement(Article 48(1) of Directive 2014/65/EU)

CHAPTER II: CAPACITY AND RESILIENCE OF TRADING VENUES

  1. Article 7 Due diligence for members of trading venues(Article 48(1) of Directive 2014/65/EU)
  2. Article 8 Testing of the trading systems(Article 48(1) of Directive 2014/65/EU)
  3. Article 9 Conformance testing(Article 48(6) of Directive 2014/65/EU)
  4. Article 10 Testing the members' algorithms to avoid disorderly trading conditions(Article 48(6) of Directive 2014/65/EU)
  5. Article 11 Trading venues' capacity(Article 48(1) of Directive 2014/65/EU)
  6. Article 12 General monitoring obligations(Article 48(1) of Directive 2014/65/EU)
  7. Article 13 Ongoing monitoring(Article 48(1) of Directive 2014/65/EU)
  8. Article 14 Periodic review of the performance and capacity of the algorithmic trading systems(Article 48(1) of Directive 2014/65/EU)
  9. Article 15 Business continuity arrangements(Article 48(1) of Directive 2014/65/EU)
  10. Article 16 Business continuity plan(Article 48(1) of Directive 2014/65/EU)
  11. Article 17 Periodic review of business continuity arrangements(Article 48(1) of Directive 2014/65/EU)
  12. Article 18 Prevention of disorderly trading conditions(Article 48(4), (5) and (6) of Directive 2014/65/EU)
  13. Article 19 Mechanisms to manage volatility(Article 48(5) of Directive 2014/65/EU)
  14. Article 20 Pre-trade and post-trade controls(Article 48(4) and (6) of Directive 2014/65/EU)
  15. Article 21 Pre-determination of the conditions to provide direct electronic access(Article 48(7) of Directive 2014/65/EU)
  16. Article 22 Specific requirements for trading venues permitting sponsored access(Article 48(7) of Directive 2014/65/EU)
  17. Article 23 Security and limits to access(Article 48(1) of Directive 2014/65/EU)
  18. Article 24 Entry into force
  1. Annex Parameters to be considered in the self-assessments of the trading venues, as referred to in Article 2(1)