periodic auction trading system
Defined in Article 1, Commission Delegated Regulation (EU) 2017/583
Definitions over time (1)
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02/03/2026 – today applies on 12/11/2026 Article 1, Commission Delegated Regulation (EU) 2017/583 Scope: Whole act
For the purposes of this Regulation, the following definitions shall apply:
‘periodic auction trading system’ means a trading system that matches orders on the basis of a periodic auction and a trading algorithm operated without human intervention.