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🔗 Back to Summary. 🇫🇷 French Version: 2017R0565_FR.18. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 17 – Relevant assessment periods ⬅️ | ➡️ Article 19 – High frequency algorithmic trading technique
Références LVL1 <=> LVL2
Level 1 reference(s): 2014L0065_EN.4 > 1#39
Article 18 - Algorithmic trading
For the purposes of further specifying the definition of algorithmic trading in accordance with Article 4(1)(39) of Directive 2014/65/EU, a system shall be considered as having no or limited human intervention where, for any order or quote generation process or any process to optimise order-execution, an automated system makes decisions at any of the stages of initiating, generating, routing or executing orders or quotes according to pre-determined parameters.