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MAR 7A.2 Purpose

MAR 7A.2.1GRP

1The purpose of this chapter is to implement article 17 of MiFID, which imposes requirements on investment firms which are:

  1. (1)

    engaging in algorithmic trading; or

  2. (2)

    providing the service of DEA to a trading venue; or

  3. (3)

    providing the service of acting as a general clearing member for another person.

[Note: related requirements imposed under article 48 of MiFID upon trading venues, in respect of members and participants engaging in algorithmic trading and providing the service of DEA, are transposed in REC 2, MAR 5 and MAR 5A]