Version status: In force | Document consolidation status: Assimilated law updated to reflect all known changes
This version in force from: 31 December 2020
Article 8 Controlled deployment of algorithms
(Article 17(1) of Directive 2014/65/EU)
Before deployment of a trading algorithm, an investment firm shall set predefined limits on:
(a) the number of financial instruments being traded;
(b) the price, value and numbers of orders;
(c) the strategy positions; and
(d) the number of trading venues to which orders are sent.