ESMA_QA_1610

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1610

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Regulatory Context

Regulation : MIFIR

Level 1 Regulation: Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets

Level 2 Regulation: No information available

Level 3 Regulation: No information available

Topic: Direct Electronic Access and algorithmic trading

Subject Matter: Trading venues

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Question

Submission Date: 07 July 2017

Article 2(2) of Commission Delegated Regulation (EU) 2017/582 (RTS 26) requires trading venues to provide tools to ensure pre-execution screening on an order-by-order basis by each clearing member of the limits set and maintained by that clearing member for its client pursuant to RTS 6. Which specific provision of RTS 6 is the reference to limits in Article 2(2) of RTS 26 referring to?

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ESMA Answer

Answer Date: 07-07-2017

[ESMA 70-872942901-38 MiFID II MiFIR market structures Q&A, Q&A 3.14] The reference made to RTS 6 in Article 2(2) of RTS 26 is referring to Article 26 of RTS 6.

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This document was automatically extracted from the ESMA EMIR Q&A database.