(17)It is necessary to provide for the concept of a ‘trading book’ comprising positions in securities and other financial instruments which are held for trading purposes and which are subject mainly to market risks and exposures relating to certain financial services provided to customers.
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New version applies from 07/12/2009 — introduced by Directive 2009/111/EC (CRD).
52 provisions change.
Later versions: 04/01/2011, 01/01/2014.
Recital 17 changes in this version: compare with the current text.