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Article 16 References to trading day and daily trading hours

  1. (1)

    A reference to a trading day in relation to a trading venue shall be a reference to any day during which that trading venue is open for trading.

  2. (2)

    A reference to daily trading hours of a trading venue or an investment firm shall be a reference to the hours which the trading venue or investment firm establishes in advance and makes public as its trading hours.

  3. (3)

    A reference to the opening of the trading day at a given trading venue shall be a reference to the commencement of the daily trading hours of that trading venue.

  4. (4)

    A reference to the end of the trading day at a given trading venue shall be a reference to the end of the daily trading hours of that trading venue.