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🔗 Back to Summary. 🇫🇷 French Version: 2017R0589_FR.28. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 27 – Disclosure of information about the services provided ⬅️ | ➡️ Article 29 – Entry into force and application
Références LVL1 <=> LVL2
Level 1 reference(s): 2014L0065_EN.17 > 2
Article 28 - Content and format of order records
1.
An investment firm that engages in a high-frequency algorithmic trading technique shall immediately after order submission record the details of each submitted order using the format set out in tables 2 and 3 of Annex II.
2.
An investment firm that engages in a high-frequency algorithmic trading technique shall update the information referred to in paragraph 1 in the standards and formats specified in the fourth column of tables 2 and 3 of Annex II.
3.
The records referred to in paragraphs 1 and 2 shall be kept for five years from the date of the submission of an order to a trading venue or to another investment firm for execution.