Article 8 Controlled deployment of algorithms(Article 17(1) of Directive 2014/65/EU)
Before deployment of a trading algorithm, an investment firm shall set predefined limits on:
- (a)
the number of financial instruments being traded;
- (b)
the price, value and numbers of orders;
- (c)
the strategy positions; and
- (d)
the number of trading venues to which orders are sent.