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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
  Version 7 of 7    

Regulation 31 Provision of information to the FCA concerning algorithmic trading

(1) If a member of, or participant in, a regulated market or multilateral trading facility ("M") is subject to the requirements set out in regulation 30 the FCA may require M to provide the information specified in paragraph (2) on a regular or ad hoc basis.

(2) The specified information for the purposes of paragraph (1) is -

(a) a description of the nature of M's algorithmic trading strategies;

(b) details of the trading parameters or limits to which M's trading systems are subject;

(c) information concerning the compliance and risk controls M has in place to ensure M meets any requirements imposed on M by regulation 30(2) to (4) ("M's compliance and risk controls");

(d) details of M's testing of M's systems for the purposes of regulation 30(5);

(e) any records M keeps for the purposes of regulation 30(8) and (9); and

(f) any further information about M's algorithmic trading and systems used for that trading.

(3) [deleted]

Comparing proposed amendment...