Article 2, Paragraph 1., Point (a) · Commission Delegated Regulation (EU) 2017/582

Contents

1. Trading venues and clearing members shall subject orders f…
2. A trading venue shall provide tools to ensure pre-conclusi…
3. A trading venue shall ensure before the conclusion of the…
4. When the order is not within the limits applicable to the…

(a)the rules of the trading venue require that each member or participant of the trading venue, which is not a clearing member of a CCP through which the cleared derivative transaction is cleared, has a contractual arrangement with a clearing member of the CCP under which the clearing member automatically becomes counterparty to the cleared derivative transaction;