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In this act Article 1 of 22

Article 1 — Definitions

Financial servicesLevel 2RTSMiFIRIn forceOfficial source

For the purposes of this Regulation, the following definitions apply:

1(1)
(1)‘portfolio trade’ means transactions in five or more different financial instruments where those transactions are traded at the same time by the same client and as a single lot against a specific reference price;
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1(2)
(2)[Deleted by Commission Delegated Regulation (EU) 2023/944 of 17 January 2023.]
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1(3)
(3)[Deleted by Commission Delegated Regulation (EU) 2023/944 of 17 January 2023.]
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1(4)
(4)‘systematic internaliser’ means an investment firm as defined in Article 4(1)(20) of Directive 2014/65/EU of the European Parliament and of the Council.
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