What changes on 02/07/2014
The text in force from 11/08/2011 compared with the text from 02/07/2014.
122 inserted
0 amended
0 deleted
0 moved
Read the act as of 02/07/2014 · other versions: 26/03/2020 · 04/07/2020 · 26/06/2021 · 01/01/2022 · 09/01/2024 · 28/03/2024 · 04/12/2024 · 17/01/2025
Title I
- inserted Article 1 - Subject matter and scope
- inserted Article 2 - Definitions
Title II › Chapter 1
- inserted Article 3 - Pre-trade transparency requirements for trading venues in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments
- inserted Article 4 - Waivers for equity instruments
- inserted Article 5 - Volume Cap Mechanism
- inserted Article 6 - Post-trade transparency requirements for trading venues in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments
- inserted Article 7 - Authorisation of deferred publication
Title II › Chapter 2
- inserted Article 8 - Pre-trade transparency requirements for trading venues in respect of bonds, structured finance products, emission allowances and derivatives
- inserted Article 9 - Waivers for non-equity instruments
- inserted Article 10 - Post-trade transparency requirements for trading venues in respect of bonds, structured finance products, emission allowances and derivatives
- inserted Article 11 - Authorisation of deferred publication
Title II › Chapter 3
- inserted Article 12 - Obligation to make pre-trade and post-trade data available separately
- inserted Article 13 - Obligation to make pre-trade and post-trade data available on a reasonable commercial basis
Title III
- inserted Article 14 - Obligation for systematic internalisers to make public firm quotes in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments
- inserted Article 15 - Execution of client orders
- inserted Article 16 - Obligations of competent authorities
- inserted Article 17 - Access to quotes
- inserted Article 18 - Obligation for systematic internalisers to make public firm quotes in respect of bonds, structured finance products, emission allowances and derivatives
- inserted Article 19 - Monitoring by ESMA
- inserted Article 20 - Post-trade disclosure by investment firms, including systematic internalisers, in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments
- inserted Article 21 - Post-trade disclosure by investment firms, including systematic internalisers, in respect of bonds, structured finance products, emission allowances and derivatives
- inserted Article 22 - Providing information for the purposes of transparency and other calculations
- inserted Article 23 - Trading obligation for investment firms
Title IV
- inserted Article 24 - Obligation to uphold integrity of markets
- inserted Article 25 - Obligation to maintain records
- inserted Article 26 - Obligation to report transactions
- inserted Article 27 - Obligation to supply financial instrument reference data
Title V
- inserted Article 28 - Obligation to trade on regulated markets, MTFs or OTFs
- inserted Article 29 - Clearing obligation for derivatives traded on regulated markets and timing of acceptance for clearing
- inserted Article 30 - Indirect Clearing Arrangements
- inserted Article 31 - Portfolio Compression
- inserted Article 32 - Trading obligation procedure
- inserted Article 33 - Mechanism to avoid duplicative or conflicting rules
- inserted Article 34 - Register of derivatives subject to the trading obligation
Title VI
- inserted Article 35 - Non-discriminatory access to a CCP
- inserted Article 36 - Non-discriminatory access to a trading venue
- inserted Article 37 - Non-discriminatory access to and obligation to licence benchmarks
- inserted Article 38 - Access for third-country CCPs and trading venues
Title VII › Chapter 1
- inserted Article 39 - Market monitoring
- inserted Article 40 - ESMA temporary intervention powers
- inserted Article 41 - EBA temporary intervention powers
- inserted Article 42 - Product intervention by competent authorities
- inserted Article 43 - Coordination by ESMA and EBA
Title VII › Chapter 2
- inserted Article 44 - Coordination of national position management measures and position limits by ESMA
- inserted Article 45 - Position management powers of ESMA
Title VIII
- inserted Article 46 - General provisions
- inserted Article 47 - Equivalence decision
- inserted Article 48 - Register
- inserted Article 49 - Withdrawal of registration
Title IX › Chapter 1
Title IX › Chapter 2
- inserted Article 51 - Committee procedure
Outside any heading
- inserted Recital
- inserted Recital
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- inserted Recital 1
- inserted Recital 2
- inserted Recital 3
- inserted Recital 4
- inserted Recital 5
- inserted Recital 6
- inserted Recital 7
- inserted Recital 8
- inserted Recital 9
- inserted Recital 10
- inserted Recital 11
- inserted Recital 12
- inserted Recital 13
- inserted Recital 14
- inserted Recital 15
- inserted Recital 16
- inserted Recital 17
- inserted Recital 18
- inserted Recital 19
- inserted Recital 20
- inserted Recital 21
- inserted Recital 22
- inserted Recital 23
- inserted Recital 24
- inserted Recital 25
- inserted Recital 26
- inserted Recital 27
- inserted Recital 28
- inserted Recital 29
- inserted Recital 30
- inserted Recital 31
- inserted Recital 32
- inserted Recital 33
- inserted Recital 34
- inserted Recital 35
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- inserted Recital 37
- inserted Recital 38
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- inserted Recital 40
- inserted Recital 41
- inserted Recital 42
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- inserted Recital 44
- inserted Recital 45
- inserted Recital 46
- inserted Recital 47
- inserted Recital 48
- inserted Recital 49
- inserted Recital 50
- inserted Recital 51
- inserted Recital 52
- inserted Recital 53
- inserted Recital 54
- inserted Recital 55
- inserted Preamble