The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017

Provision of information to the FCA concerning algorithmic tradingU.K.

This adran has no associated Memorandwm Esboniadol

31.—[F1(1) If a member of, or participant in, a regulated market or multilateral trading facility (“M”) is subject to the requirements set out in regulation 30 the FCA may require M to provide the information specified in paragraph (2) on a regular or ad hoc basis.]

(2) The specified information for the purposes of paragraph (1) is—

(a)a description of the nature of M's algorithmic trading strategies;

(b)details of the trading parameters or limits to which M's trading systems are subject;

(c)information concerning the [F2compliance and risk controls] M has in place to ensure M meets any requirements imposed on M by regulation 30(2) to (4) (“M's [F2compliance and risk controls]”);

(d)details of M's testing of M's systems F3... for the purposes of regulation 30(5);

(e)any records M keeps for the purposes of regulation 30(8) and (9); and

(f)any further information about M's algorithmic trading and systems used for that trading.

F4(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments