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New version applies from 01/01/2024 — introduced by Commission Delegated Regulation (EU) 2023/944.
6 provisions change.
Later versions: 23/11/2025, 02/03/2026.
Commission Delegated Regulation (EU) 2017/587
09/04/2019 → 05/06/2023: 1 inserted · 0 removed · 15 amended · 0 moved · 16 renamed · 26 unchanged
Position-only shifts inside the same heading are not changes. Amended = the printed text changed.
Preamble
Preamble · 1 unchanged
Recitals
Recitals · 21 unchanged
Recital 1 · Recital 2 · Recital 3 · Recital 4 · Recital 5 · Recital 6 · Recital 7 · Recital 8 · Recital 9 · Recital 10 · Recital 11 · Recital 12 · Recital 13 · Recital 14 · Recital 15 · Recital 16 · Recital 17 · Recital 18 · Recital 19 · Recital 20 · Recital 21
Chapter I - GENERAL
- amended Article 1 - Definitions Chapter I
- renamed Article 2 - Transactions not contributing to the price discovery process(Article 23(1) of Regulation (EU) No 600/2014) Chapter I was “Article 2”
Chapter II - PRE-TRADE TRANSPARENCY
- amendedrenamed Article 3 - Pre-trade transparency obligations(Article 3(1) and (2) of Regulation (EU) No 600/2014) Chapter II › Section 1 was “Article 3”
- amendedrenamed Article 4 - Most relevant market in terms of liquidity(Article 4(1)(a) of Regulation (EU) No 600/2014) Chapter II › Section 1 was “Article 4”
- amendedrenamed Article 5 - Specific characteristics of negotiated transactions(Article 4(1)(b) of Regulation (EU) No 600/2014) Chapter II › Section 1 was “Article 5”
- renamed Article 6 - Negotiated transactions subject to conditions other than the current market price(Article 4(1)(b) of Regulation (EU) No 600/2014) Chapter II › Section 1 was “Article 6”
- amendedrenamed Article 7 - Orders that are large in scale(Article 4(1)(c) of Regulation (EU) No 600/2014) Chapter II › Section 1 was “Article 7”
- amendedrenamed Article 8 - Type and minimum size of orders held in an order management facility(Article 4(1)(d) of Regulation (EU) No 600/2014) Chapter II › Section 1 was “Article 8”
- amendedrenamed Article 9 - Arrangements for the publication of a firm quote(Article 14(1) of Regulation (EU) No 600/2014) Chapter II › Section 2 was “Article 9”
- renamed Article 10 - Prices reflecting prevailing market conditions(Article 14(3) of Regulation (EU) No 600/2014) Chapter II › Section 2 was “Article 10”
- amendedrenamed Article 11 - Standard market size(Article 14(2) and (4) of Regulation (EU) No 600/2014) Chapter II › Section 2 was “Article 11”
Chapter III - POST-TRADE TRANSPARENCY FOR TRADING VENUES AND INVESTMENT FIRMS TRADING OUTSIDE A TRADING VENUE
- amendedrenamed Article 12 - Post-trade transparency obligations(Article 6(1) and Article 20(1) and (2) of Regulation (EU) No 600/2014) Chapter III was “Article 12”
- renamed Article 13 - Application of post-trade transparency to certain types of transactions executed outside a trading venue(Article 20(1) of Regulation (EU) No 600/2014) Chapter III was “Article 13”
- amendedrenamed Article 14 - Real time publication of transactions(Article 6(1) of Regulation (EU) No 600/2014) Chapter III was “Article 14”
- amendedrenamed Article 15 - Deferred publication of transactions(Article 7(1) and 20(1) and (2) of Regulation (EU) No 600/2014) Chapter III was “Article 15”
Chapter III · 1 unchanged
Chapter IV - PROVISIONS COMMON TO PRE-TRADE AND POST-TRADE TRANSPARENCY CALCULATIONS
- amendedrenamed Article 17 - Methodology, date of publication and date of application of the transparency calculations(Article 22(1) of Regulation (EU) No 600/2014) Chapter IV was “Article 17”
- amendedrenamed Article 18 - Reference to competent authorities(Article 22(1) of Regulation (EU) No 600/2014) Chapter IV was “Article 18”
- amended Article 20 - Entry into force and application Chapter IV