ESMA_QA_1619
15/11/2017
Subject Matter
EU trading venue through sub-delegated DEA and exemption offered under Article 2(1)(d) of MiFID II
Original question
Can DEA clients accessing an EU trading venue through sub-delegated DEA benefit from the exemption offered under Article 2(1)(d) of MiFID II?
ESMA Answer
15-11-2017
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 2017/589 - RTS specifying the organisational requirements for investment firms (RTS 6)
Level 3 Regulation
ESMA70-872942901-38 - Q&A on MiFID II and MiFIR market structures topics
Additional Legal Reference
Regulation 2017/584- RTS on organisational requirements for trading venues (RTS 7)
Topic
Direct Electronic Access and algorithmic trading