Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 M... (32014R0600)
Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012 Text with EEA relevance
- REGULATION (EU) No 600/2014 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
- of 15 May 2014
- on markets in financial instruments and amending Regulation (EU) No 648/2012
- (Text with EEA relevance)
- TITLE I
- SUBJECT MATTER, SCOPE AND DEFINITIONS
- Article 1
- Subject matter and scope
- Article 2
- Definitions
- TITLE II
- TRANSPARENCY FOR TRADING VENUES
- CHAPTER 1
- Transparency for equity instruments
- Article 3
- Pre-trade transparency requirements for trading venues in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments
- Article 4
- Waivers for equity instruments
- Article 5
- Volume Cap Mechanism
- Article 6
- Post-trade transparency requirements for trading venues in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments
- Article 7
- Authorisation of deferred publication
- CHAPTER 2
- Transparency for non-equity instruments
- Article 8
- Pre-trade transparency requirements for trading venues in respect of bonds, structured finance products, emission allowances and derivatives
- Article 9
- Waivers for non-equity instruments
- Article 10
- Post-trade transparency requirements for trading venues in respect of bonds, structured finance products, emission allowances and derivatives
- Article 11
- Authorisation of deferred publication
- CHAPTER 3
- Obligation to offer trade data on a separate and reasonable commercial basis
- Article 12
- Obligation to make pre-trade and post-trade data available separately
- Article 13
- Obligation to make pre-trade and post-trade data available on a reasonable commercial basis
- TITLE III
- TRANSPARENCY FOR SYSTEMATIC INTERNALISERS AND INVESTMENT FIRMS TRADING OTC
- Article 14
- Obligation for systematic internalisers to make public firm quotes in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments
- Article 15
- Execution of client orders
- Article 16
- Obligations of competent authorities
- Article 17
- Access to quotes
- Article 18
- Obligation for systematic internalisers to make public firm quotes in respect of bonds, structured finance products, emission allowances and derivatives
- Article 19
- Monitoring by ESMA
- Article 20
- Post-trade disclosure by investment firms, including systematic internalisers, in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments
- Article 21
- Post-trade disclosure by investment firms, including systematic internalisers, in respect of bonds, structured finance products, emission allowances and derivatives
- Article 22
- Providing information for the purposes of transparency and other calculations
- Article 23
- Trading obligation for investment firms
- TITLE IV
- TRANSACTION REPORTING
- Article 24
- Obligation to uphold integrity of markets
- Article 25
- Obligation to maintain records
- Article 26
- Obligation to report transactions
- Article 27
- Obligation to supply financial instrument reference data
- TITLE V
- DERIVATIVES
- Article 28
- Obligation to trade on regulated markets, MTFs or OTFs
- Article 29
- Clearing obligation for derivatives traded on regulated markets and timing of acceptance for clearing
- Article 30
- Indirect Clearing Arrangements
- Article 31
- Portfolio Compression
- Article 32
- Trading obligation procedure
- Article 33
- Mechanism to avoid duplicative or conflicting rules
- Article 34
- Register of derivatives subject to the trading obligation
- TITLE VI
- NON-DISCRIMINATORY CLEARING ACCESS FOR FINANCIAL INSTRUMENTS
- Article 35
- Non-discriminatory access to a CCP
- Article 36
- Non-discriminatory access to a trading venue
- Article 37
- Non-discriminatory access to and obligation to licence benchmarks
- Article 38
- Access for third-country CCPs and trading venues
- TITLE VII
- SUPERVISORY MEASURES ON PRODUCT INTERVENTION AND POSITIONS
- CHAPTER 1
- Product monitoring and intervention
- Article 39
- Market monitoring
- Article 40
- ESMA temporary intervention powers
- Article 41
- EBA temporary intervention powers
- Article 42
- Product intervention by competent authorities
- Article 43
- Coordination by ESMA and EBA
- CHAPTER 2
- Positions
- Article 44
- Coordination of national position management measures and position limits by ESMA
- Article 45
- Position management powers of ESMA
- TITLE VIII
- PROVISION OF SERVICES AND PERFORMANCE OF ACTIVITIES BY THIRD-COUNTRY FIRMS FOLLOWING AN EQUIVALENCE DECISION WITH OR WITHOUT A BRANCH
- Article 46
- General provisions
- Article 47
- Equivalence decision
- Article 48
- Register
- Article 49
- Withdrawal of registration
- TITLE IX
- DELEGATED AND IMPLEMENTING ACTS
- CHAPTER 1
- Delegated acts
- Article 50
- Exercise of the delegation
- CHAPTER 2
- Implementing acts
- Article 51
- Committee procedure
- TITLE X
- FINAL PROVISIONS
- Article 52
- Reports and review
- Article 53
- Amendment of Regulation (EU) No 648/2012
- Article 54
- Transitional provisions
- Article 55
- Entry into force and application
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