2017R0584 - Summary

COMMISSION 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)

Info

🇫🇷 French Version: 2017R0584_FR.0. Open the PDF. Direct link to EUR-LEX.

Article 1 - Subject matter and scope
Article 2 - Self-assessments of compliance with Article 48 of Directive 2014/65/EU
Article 3 - Governance of trading venues
Article 4 - Compliance function within the governance arrangements
Article 5 - Staffing
Article 6 - Outsourcing and procurement
Article 7 - Due diligence for members of trading venues
Article 8 - Testing of the trading systems
Article 9 - Conformance testing
Article 10 - Testing the members’ algorithms to avoid disorderly trading conditions
Article 11 - Trading venues’ capacity
Article 12 - General monitoring obligations
Article 13 - Ongoing monitoring
Article 14 - Periodic review of the performance and capacity of the algorithmic trading systems
Article 15 - Business continuity arrangements
Article 16 - Business continuity plan
Article 17 - Periodic review of business continuity arrangements
Article 18 - Prevention of disorderly trading conditions
Article 19 - Mechanisms to manage volatility
Article 20 - Pre-trade and post-trade controls
Article 21 - Pre-determination of the conditions to provide direct electronic access
Article 22 - Specific requirements for trading venues permitting sponsored access
Article 23 - Security and limits to access
Article 24 - Entry into force

Annex I - Parameters to be considered in the self-assessments of the trading venues, as referred to in Article 2(1)