Displaying 1301 - 1305 of 1542
ESMA_QA_1599
Topic
Direct Electronic Access and algorithmic trading
19/12/2016
Subject Matter
Automated Order Router (AOR) and algorithmic trading
Question
Can a functionality be considered as an Automated Order Router (AOR) if it submits the same order to several trading venues? Would that qualify as algorithmic trading?
Level 1 Regulation
Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Secondary Markets
ESMA_QA_1598
Topic
Direct Electronic Access and algorithmic trading
19/12/2016
Subject Matter
Algorithmic trading
Question
If an investment firm (firm A) merely transmits a client’s order for execution to another investment firm (firm B) who uses algorithmic trading, is investment firm A engaged in algorithmic trading?
Level 1 Regulation
Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Secondary Markets
ESMA_QA_1597
Topic
Direct Electronic Access and algorithmic trading
19/12/2016
Subject Matter
Algorithmic trading
Question
Does a simple algorithm qualify as algorithmic trading?
Level 1 Regulation
Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Secondary Markets
ESMA_QA_1629
Topic
Tick size regime
19/12/2016
Subject Matter
Order book - Tick size regime
Question
What happens to orders remaining on the order book at the moment the tick size increases?
Level 1 Regulation
Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Secondary Markets
ESMA_QA_1763
Topic
Suitability
16/12/2016
Subject Matter
Suitability and appropriateness
Question
Where a firm is subject to several record keeping and documentation obligations in connection with the provision of investment advice, is the firm required to draft distinct documents or would one document containing the requirements of all of these different documents be sufficient?
Level 1 Regulation
Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Investor Protection and Intermediaries