# Article 3 — Trading capacity of members or participants of the trading venue and liquidity provision activity **Commission Delegated Regulation (EU) 2017/580 · binding · OJ L 87, 31.3.2017 · dated 24 Jun 2016 [in force]** *In force · Commission Delegated Regulation (EU) 2017/580, OJ L 87, 31.3.2017 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/eli/reg_del/2017/580/oj/eng)* 1. The trading capacity in which the member or participant of the trading venue submits an order shall be described as specified in field 7 of Table 2 of the Annex. 1. The following orders shall be identified as specified in field 8 of Table 2 of the Annex: **(a)** an order submitted to a trading venue by a member or participant as part of a market-making strategy pursuant to Articles 17 and 48 of Directive 2014/65/EU of the European Parliament and of the Council; **(b)** an order submitted to a trading venue by a member or participant as part of any other liquidity provision activity carried out on the basis of terms pre-determined either by the issuer of the instrument which is the subject of the order or by that trading venue.