ESMA · ESMA_QA_1610 Answer Published
Trading venues
- Regulation
- Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets
- Topic
- Direct Electronic Access and algorithmic trading
- Submitted
- 2017-07-07
- Answered
- 2017-07-07
Question
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?
Answer
[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.
This Q&A is published by European Securities and Markets Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.
Similar Q&As
Direct Electronic Access (DEA) and algorithmic trading
Answered 2017-07-07
Direct Electronic Access (DEA) and algorithmic trading - Trading systems - RTS 7
Answered 2019-12-05
Trading venues - OTRs
Answered 2017-07-07
Best Execution
Answered 2019-03-28
Direct Electronic Access (DEA) and algorithmic trading
Answered 2017-07-07
More Q&As on this topic
📋 Track EU financial regulation continuously
Forseti monitors EU financial regulation and delivers personalised alerts anchored to verified official sources.
14-day free trial. No credit card required.