ESMA_QA_1610
07/07/2017
Subject Matter
Trading venues
Original question
Article 2(2) of Commission Delegated Regulation (EU) 2017/582 (RTS 26) requires trading venues to provide tools to ensure pre-execution screening on an order-by-order basis by each clearing member of the limits set and maintained by that clearing member for its client pursuant to RTS 6. Which specific provision of RTS 6 is the reference to limits in Article 2(2) of RTS 26 referring to?
ESMA Answer
07-07-2017
Original language
[ESMA 70-872942901-38 MiFID II MiFIR market structures Q&A, Q&A 3.14]
The reference made to RTS 6 in Article 2(2) of RTS 26 is referring to Article 26 of RTS 6.
Status: Answer Published
Additional Information
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets
Topic
Direct Electronic Access and algorithmic trading