2017R0583 - Summary

COMMISSION DELEGATED REGULATION (EU) 2017/583 of 14 July 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council on markets in financial instruments with regard to regulatory technical standards on transparency requirements for trading venues and investment firms in respect of bonds, structured finance products, emission allowances and derivatives (Text with EEA relevance)

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🇫🇷 French Version: 2017R0583_FR.0. Open the PDF. Direct link to EUR-LEX.

CHAPTER I - DEFINITIONS

Article 1 - Definitions

CHAPTER II - PRE-TRADE TRANSPARENCY FOR REGULATED MARKETS, MULTILATERAL TRADING FACILITIES AND ORGANISED TRADING FACILITIES

Article 2 - Pre-trade transparency obligations
Article 3 - Orders which are large in scale
Article 4 - Type and minimum size of orders held in an order management facility
Article 5 - Size specific to the financial instrument
Article 6 - The classes of financial instruments for which there is not a liquid market

CHAPTER III - POST-TRADE TRANSPARENCY FOR TRADING VENUES AND INVESTMENT FIRMS TRADING OUTSIDE A TRADING VENUE

Article 7 - Post-trade transparency obligations
Article 8 - Deferred publication of transactions
Article 9 - Transactions which are large in scale
Article 10 - The size specific to the financial instrument
Article 11 - Transparency requirements in conjunction with deferred publication at the discretion of the competent authorities
Article 12 - Application of post-trade transparency to certain transactions executed outside a trading venue

CHAPTER IV - PROVISIONS COMMON TO PRE-TRADE AND POST-TRADE TRANSPARENCY

Article 13 - Methodology to perform the transparency calculations
Article 14 - Transactions to which the exemption in Article 1(6) of Regulation (EU) No 600/2014 applies
Article 15 - Transactions to which the exemption in Article 1(6) of Regulation (EU) No 600/2014 does not apply
Article 16 - Temporary suspension of transparency obligations
Article 17 - Provisions for the liquidity assessment for bonds and for the determination of the pre-trade size specific to the instrument thresholds based on trade percentiles
Article 18 - Transitional provisions
Article 19 - Entry into force and application

Annex I - Description of the type of system and the related information to be made public in accordance with Article 2
Annex II - Details of transactions to be made available to the public
Annex III - Liquidity assessment, LIS and SSTI thresholds for non-equity financial instruments
Annex IIII - Reference data to be provided for the purpose of transparency calculations
Annex V - Quantitative data to be provided for the purpose of transparency calculations