{"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"current_only","held_since":"2026-10-26","gaps":[],"covered":["2016/824 — ITS — Description of the functioning of multilateral trading facilities [in force] L2"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","release_published":"2026-11-01T16:41:30Z","checked_at":"2026-10-26","checked_against":"EUR-Lex"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/6","url":"https://www.headlesslaw.com/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/6","title":"Article 6 — Additional information to be provided on 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Implementing Regulation (EU) 2016/824 · binding · OJ L 137, 26.5.2016 · dated 25 May 2016 [in force]","attribution":{"prepared_by":"European Commission","published_by":"Publications Office of the EU","published_in":"Official Journal of the European Union","document_type":"implementing_regulation","legal_nature":"binding_adopted","addressees":"not stated in the document","dates":{"document_date":"2016-05-25","entry_into_force":"2016-06-15","locators":{"document_date":"CELLAR 32016R0824 work_date_document","entry_into_force":"CELLAR 32016R0824 resource_legal_date_entry-into-force (earliest)"}},"adoption":null},"context":{"act":{"work_id":"spaces/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the","path":"/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the","name":"Commission Implementing Regulation (EU) 2016/824","number":"2016/824","celex":"32016R0824","title_official":"COMMISSION IMPLEMENTING REGULATION (EU) 2016/824 of 25 May 2016 laying down implementing technical standards with regard to the content and format of the description of the functioning of multilateral trading facilities and organised trading facilities and the notification to the European Securities and Markets Authority according to Directive 2014/65/EU of the European Parliament and of the Council on markets in financial instruments (Text with EEA relevance)","document_date":"2016-05-25"},"position":{"kind":"article","key":"6","index":6,"articles":11,"annexes":1},"prev":{"path":"/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/5","key":"5","title":"Article 5 — Additional information to be provided on MTFs for registration as an SME growth market"},"next":{"path":"/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/7","key":"7","title":"Article 7 — Asset class specific information"},"act_anchor":"#art-6"}},"provenance":{"official_url":"https://eur-lex.europa.eu/eli/reg_impl/2016/824/oj/eng","check":{"result":"matched","checked_at":"2026-10-26","against":"EUR-Lex"},"repo_path":"spaces/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the.md","unit_text_sha256":"aedb801c4a7eb1680172fcbb8efa84aa0eaa4b361fa189f33669116ab8ce4f0e","note":"the unit is a byte-exact part of the act page, whose check record covers it"},"unit":{"locator":"spaces/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/art-6","kind":"article","key":"6","heading":"Article 6 — Additional information to be provided on OTFs","text":"## <a id=\"art-6\"></a>Article 6 — Additional information to be provided on OTFs\n\nIn addition to Article 2, a relevant operator operating an OTF shall provide its competent authority with the following information:\\\n**(a)** information on whether another investment firm is engaged to carry out market making on its OTF on an independent basis in accordance with Article 20(5) of Directive 2014/65/EU;\n**(b)** a detailed description of how and under what circumstances it executes orders on the OTF on a discretionary basis in accordance with Article 20(6) of Directive 2014/65/EU;\n**(c)** the rules, procedures and protocols which allow the operator to route the trading interest of a member or participant outside the facilities of the OTF;\n**(d)** a description of the use of matched principal trading which complies with Article 20(7) of Directive 2014/65/EU;\n**(e)** the rules and procedures to ensure compliance with Articles 24, 25, 27 and 28 of Directive 2014/65/EU for transactions concluded on the OTF where those rules are applicable to the relevant operator in relation to an OTF user.\n\n","marks":[],"text_hash":"aedb801c4a7eb1680172fcbb8efa84aa0eaa4b361fa189f33669116ab8ce4f0e","revision":1}}