# Commission Delegated Regulation (EU) 2017/589 of 19 July 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the organisational requirements of investment firms engaged in algorithmic trading (Text with EEA relevance), Article 8: Controlled deployment of algorithms(Article 17(1) of Directive 2014/65/EU)

Extent: E+W+S+N.I.

Before deployment of a trading algorithm, an investment firm shall set predefined limits on:
(a) the number of financial instruments being traded;
(b) the price, value and numbers of orders;
(c) the strategy positions; and
(d) the number of trading venues to which orders are sent.

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Source: https://www.legislation.gov.uk/eur/2017/589/article/8 (the official version)
Page: https://openlegislation.uk/eu-regulation-2017-589/article-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.