{"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"current_only","held_since":"2026-10-26","gaps":[],"covered":["2017/580 — RTS — Maintenance of relevant data relating to orders [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":"/mifir/level-2/rts/2017-580-the-maintenance-of-relevant-data-relating-to-orders-in/articles/7","url":"https://www.headlesslaw.com/mifir/level-2/rts/2017-580-the-maintenance-of-relevant-data-relating-to-orders-in/articles/7","title":"Article 7 — Identification codes for orders in financial instruments","family":"l2_unit_view","work_id":"spaces/mifir/level-2/rts/2017-580-the-maintenance-of-relevant-data-relating-to-orders-in","view_of":"/mifir/level-2/rts/2017-580-the-maintenance-of-relevant-data-relating-to-orders-in","status":"in_force","force_status":"in_force","date_state":"current","requested_date":null,"as_of":"2026-11-01","applies_from":null,"application":null,"version_label":"Commission Delegated Regulation (EU) 2017/580, OJ L 87, 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Delegated Regulation (EU) 2017/580 · binding · OJ L 87, 31.3.2017 · dated 24 Jun 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":"delegated_regulation","legal_nature":"binding_adopted","addressees":"not stated in the document","dates":{"document_date":"2016-06-24","entry_into_force":"2017-04-20","locators":{"document_date":"CELLAR 32017R0580 work_date_document","entry_into_force":"CELLAR 32017R0580 resource_legal_date_entry-into-force (earliest)"}},"adoption":null},"context":{"act":{"work_id":"spaces/mifir/level-2/rts/2017-580-the-maintenance-of-relevant-data-relating-to-orders-in","path":"/mifir/level-2/rts/2017-580-the-maintenance-of-relevant-data-relating-to-orders-in","name":"Commission Delegated Regulation (EU) 2017/580","number":"2017/580","celex":"32017R0580","title_official":"COMMISSION DELEGATED REGULATION (EU) 2017/580 of 24 June 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the maintenance of relevant data relating to orders in financial instruments (Text with EEA relevance)","document_date":"2016-06-24"},"position":{"kind":"article","key":"7","index":7,"articles":14,"annexes":1},"prev":{"path":"/mifir/level-2/rts/2017-580-the-maintenance-of-relevant-data-relating-to-orders-in/articles/6","key":"6","title":"Article 6 — Priority and sequence numbers"},"next":{"path":"/mifir/level-2/rts/2017-580-the-maintenance-of-relevant-data-relating-to-orders-in/articles/8","key":"8","title":"Article 8 — Events affecting the orders in financial instruments"},"act_anchor":"#art-7"}},"provenance":{"official_url":"https://eur-lex.europa.eu/eli/reg_del/2017/580/oj/eng","check":{"result":"matched","checked_at":"2026-10-26","against":"EUR-Lex"},"repo_path":"spaces/mifir/level-2/rts/2017-580-the-maintenance-of-relevant-data-relating-to-orders-in.md","unit_text_sha256":"99c8c7c414d86695701c69393e1ef01511e3789aafeb5679b411b4f640909cd5","note":"the unit is a byte-exact part of the act page, whose check record covers it"},"unit":{"locator":"spaces/mifir/level-2/rts/2017-580-the-maintenance-of-relevant-data-relating-to-orders-in/art-7","kind":"article","key":"7","heading":"Article 7 — Identification codes for orders in financial instruments","text":"## <a id=\"art-7\"></a>Article 7 — Identification codes for orders in financial instruments\n\n1. <a id=\"art-7-p-1\"></a>Operators of trading venues shall maintain an individual identification code for each order as specified in field 20 of Table 2 of the Annex. The identification code shall be unique per order book, per trading day and per financial instrument. It shall apply from the receipt of the order by the operator of the trading venue until the removal of the order from the order book. The identification code shall also apply to rejected orders irrespective of the ground for their rejection.\n1. <a id=\"art-7-p-2\"></a>The operator of the trading venue shall maintain the relevant details of strategy orders with implied functionality (SOIF) that are disseminated to the public as specified in the Annex. Field 33 of Table 2 of the Annex shall include a statement that the order is an implicit order.\nUpon execution of a SOIF, its details shall be maintained by the operator of the trading venue as specified in the Annex.\nUpon execution of a SOIF, a strategy linked order identification code shall be indicated using the same identification code for all orders connected to the particular strategy. The strategy linked order identification code shall be as specified in field 46 of Table 2 of the Annex.\n1. <a id=\"art-7-p-3\"></a>Orders submitted to a trading venue allowing for a routing strategy shall be identified by that trading venue as ‘routed’ as specified in field 33 of Table 2 of the Annex when they are routed to another trading venue. Orders submitted to a trading venue allowing for a routing strategy shall retain the same identification code for their lifetime, regardless of whether any remaining quantity is re-posted on the order book of entry.\n\n","marks":[],"text_hash":"99c8c7c414d86695701c69393e1ef01511e3789aafeb5679b411b4f640909cd5","revision":1}}