icon-grid
Better Regulation logo
Table of Contents

Table of Contents

Expand all headings Collapse all headings Expand side bar Collapse side bar
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
Document Overview
Tools
Set a date to view the document
Text comparison options
Full text - Date 1 vs Date 2
Amendments requiring commencement - Current text vs Text requiring commencement
Draft proposed changes - Current text vs Text proposed by drafting documents
Coming soon: Any documents - Any document vs Another document at any date
Print / Export options
Current page
Whole document
Selected pages
Consolidated PDF of the entire document as of 25th January 2025
Export
Export line by line
Export provision to provision
Report template
Create report template
Alert me to changes
Manage alerts
Bookmarks
This page
This document
Manage bookmarks
Search within this document
View previous searches
Share
Get page link
Share via email application
PreviousNext
Version status: In force | Document consolidation status: Assimilated law updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 2 of 2

Article 21 Pre-determination of the conditions to provide direct electronic access

(Article 48(7) of Directive 2014/65/EU)

Trading venues permitting DEA through their systems shall set out and publish the rules and conditions pursuant to which their members may provide DEA to their own clients. Those rules and conditions shall at least cover the specific requirements set out in Article 22 of Commission Delegated Regulation (EU) 2017/589.

PreviousNext