Info

🔗 Back to Summary. 🇫🇷 French Version: 2017R0587_FR.13. Back to Summary of LVL1. Direct link to EUR-LEX.

Article 12 – Post-trade transparency obligations ⬅️ | ➡️ Article 14 – Real time publication of transactions

Article 13 - Application of post-trade transparency to certain types of transactions executed outside a trading venue

The obligation in 2014 shall not apply to the following:

(a)

excluded transactions listed under Article 2(5) of Commission Delegated Regulation (EU) 2017/590 where applicable. —————

(b)

give-up transactions or give-in transactions, which are any of the following transactions:

(i)

a transaction where an investment firm passes a client trade to, or receives a client trade from, another investment firm for post-trade processing;

(ii)

a transaction where an investment firm executing a trade passes it to, or receives it from, another investment firm for the purpose of hedging the position that it has committed to enter into with a client.