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# Article 16 — References to trading day and daily trading hours

**Commission Delegated Regulation (EU) 2017/587 · binding · OJ L 87, 31.3.2017 · dated 14 Jul 2016 [in force]**

*In force · Consolidated version of 2 March 2026 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02017R0587-20260302)*

1. <a id="art-16-p-1"></a>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.

2. <a id="art-16-p-2"></a>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.

3. <a id="art-16-p-3"></a>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.

4. <a id="art-16-p-4"></a>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.

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