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In this act Article 16 of 22

Article 16 — References to trading day and daily trading hours

Financial servicesLevel 2RTSMiFIRIn forceOfficial source

16(1)

1.A reference to a trading day in relation to a trading venue shall be a reference to any day during which that trading venue is open for trading.

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16(2)

2.A reference to daily trading hours of a trading venue or an investment firm shall be a reference to the hours which the trading venue or investment firm establishes in advance and makes public as its trading hours.

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16(3)

3.A reference to the opening of the trading day at a given trading venue shall be a reference to the commencement of the daily trading hours of that trading venue.

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16(4)

4.A reference to the end of the trading day at a given trading venue shall be a reference to the end of the daily trading hours of that trading venue.

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CHAPTER IV — PROVISIONS COMMON TO PRE-TRADE AND POST-TRADE TRANSPARENCY CALCULATIONS