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Commission Delegated Regulation (EU) 2017/584 of 14 July 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying organisational requirements of trading venues (RTS 7) (Assimilated Law)RecitalsArticle -3 DefinitionsArticle -2 ApplicationArticle -1 InterpretationChapter I General Organisational Requirements for Trading Venues Enabling or Allowing Algorithmic Trading Throught Their Systems (arts. 1-6)Article 1 Subject matter and scopeArticle 2 Self-assessments of compliance with Article 48 of Directive 2014/65/EUArticle 3 Governance of trading venuesArticle 4 Compliance function within the governance arrangementsArticle 5 StaffingArticle 6 Outsourcing and procurementChapter II Capacity and Resilience of Trading Venues (arts. 7-24)Article 7 Due diligence for members of trading venuesArticle 8 Testing of the trading systemsArticle 9 Conformance testingArticle 10 Testing the members' algorithms to avoid disorderly trading conditionsArticle 11 Trading venues' capacityArticle 12 General monitoring obligationsArticle 13 Ongoing monitoringArticle 14 Periodic review of the performance and capacity of the algorithmic trading systemsArticle 15 Business continuity arrangementsArticle 16 Business continuity planArticle 17 Periodic review of business continuity arrangementsArticle 18 Prevention of disorderly trading conditionsArticle 19 Mechanisms to manage volatilityArticle 20 Pre-trade and post-trade controlsArticle 21 Pre-determination of the conditions to provide direct electronic accessArticle 22 Specific requirements for trading venues permitting sponsored accessArticle 23 Security and limits to accessArticle 24 Entry into forceAnnex - Parameters to be considered in the self-assessments of the trading venues, as referred to in Article 2(1)Done at
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Version status: In force | Document consolidation status: Assimilated law updated to reflect all known changes
Published date: 31 March 2017

Commission Delegated Regulation (EU) 2017/584 of 14 July 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying organisational requirements of trading venues (RTS 7) (Assimilated Law)

To be revoked by virtue of Sch. 1 Pt 3 to the Financial Services and Markets Act 2023 (c. 29) (FSMA 2023), Sch. 1 Pt 3 not yet fully commenced.

Recitals
Article -3 Definitions
Article -2 Application
Article -1 Interpretation
Chapter I General Organisational Requirements for Trading Venues Enabling or Allowing Algorithmic Trading Throught Their Systems (arts. 1-6)
Article 1 Subject matter and scope
Article 2 Self-assessments of compliance with Article 48 of Directive 2014/65/EU
Article 3 Governance of trading venues
Article 4 Compliance function within the governance arrangements
Article 5 Staffing
Article 6 Outsourcing and procurement
Chapter II Capacity and Resilience of Trading Venues (arts. 7-24)
Article 7 Due diligence for members of trading venues
Article 8 Testing of the trading systems
Article 9 Conformance testing
Article 10 Testing the members' algorithms to avoid disorderly trading conditions
Article 11 Trading venues' capacity
Article 12 General monitoring obligations
Article 13 Ongoing monitoring
Article 14 Periodic review of the performance and capacity of the algorithmic trading systems
Article 15 Business continuity arrangements
Article 16 Business continuity plan
Article 17 Periodic review of business continuity arrangements
Article 18 Prevention of disorderly trading conditions
Article 19 Mechanisms to manage volatility
Article 20 Pre-trade and post-trade controls
Article 21 Pre-determination of the conditions to provide direct electronic access
Article 22 Specific requirements for trading venues permitting sponsored access
Article 23 Security and limits to access
Article 24 Entry into force
Annex - Parameters to be considered in the self-assessments of the trading venues, as referred to in Article 2(1)
Done at
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