Article 4 › 3

Where trading venues operate systems which formalise negotiated transactions in accordance with paragraph 1(b)(i): (a) those transactions shall be carried out in accordance with the rules of the trading venue; (b) the trading venue shall ensure that arrangements, systems and procedures are in place to prevent and detect market abuse or attempted market abuse in relation to such negotiated transactions in accordance with Article 16 of Regulation (EU) No 596/2014; (c) the trading venue shall establish, maintain and implement systems to detect any attempt to use the waiver to circumvent other requirements of this Regulation or Directive 2014/65/EU and to report attempts to the competent authority. Where a competent authority grants a waiver in accordance with paragraph 1(b)(i) or (iii), that competent authority shall monitor the use of the waiver by the trading venue to ensure that the conditions for use of the waiver are respected.

← 2 · All articles · 4 →

Source: EUR-Lex CELLAR · retrieved 2026-09-04