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In this act Article 3 of 5
No longer in force since 2 March 2026Below: the last text in force, valid until 2 March 2026. It is not current law.

Article 3 — Level of accuracy for members or participants of a trading venue

Financial servicesLevel 2RTSMiFID IINo longer in forceOfficial source

3(1)

1.Members or participants of trading venues shall ensure that their business clocks used to record the time of reportable events adhere to the level of accuracy specified in Table 2 of the Annex.

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3(2)

2.Members or participants of trading venues that engage in multiple types of trading activities shall ensure that the systems that they use to record reportable events adhere to the level of accuracy applicable to each of these trading activities in accordance with the requirements set out in Table 2 of the Annex.

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