ESMA_QA_1597
19/12/2016
Subject Matter
Algorithmic trading
Original question
Does a simple algorithm qualify as algorithmic trading?
ESMA Answer
19-12-2016
Original language
This question was deleted on 21 October 2026.
Status: Published Answer Updated
Additional Information
Level 1 Regulation
Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Secondary Markets
Level 2 Regulation
Regulation 2017/565 - MiFID II Delegated Regulation
Topic
Direct Electronic Access and algorithmic trading