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Commission Implementing Decision (EU) 2017/2320 of 13 December 2017 on the equivalence of the legal and supervisory framework of the United States of America for national securities exchanges and alternative trading systems in accordance with Directive 2014/65/EU of the European Parliament and of the Council (Text with EEA relevance. )

Commission Implementing Decision (EU) 2017/2320 of 13 December 2017 on the equivalence of the legal and supervisory framework of the United States of America for national securities exchanges and alternative trading systems in accordance with Directive 2014/65/EU of the European Parliament and of the Council (Text with EEA relevance. )

Implementing Decision (EU) 2017/2320 Β· Decision Β· 3 articles

Data as of 2026-07-04 Β· Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Β· Read the official text β†—

Article 1

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For the purposes of Article 23(1) of Regulation (EU) No 600/2014 the legal and supervisory framework in the United States of America applicable to national securities exchanges and alternative trading systems registered with the Securities and Exchange Commission as set out in the Annex to this Decision shall be considered to be equivalent to the requirements for regulated markets as defined in Directive 2014/65/EU resulting from Regulation (EU) No 596/2014, from Title III of Directive 2014/65/EU, from Title II of Regulation (EU) No 600/2014 and from Directive 2004/109/EC and to be subject to effective supervision and enforcement.

Article 2

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This Decision shall enter into force on the day following that of its publication in the Official Journal of the European Union .

Supplementary provisions

ANNEXSupplementary provisions

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ANNEX National securities exchanges registered with the US Securities and Exchange Commission and considered equivalent to regulated markets as defined in Directive 2014/65/EU: (a) BOX Options Exchange LLC (b) Cboe BYX Exchange, Inc. (formerly Bats BYX Exchange, Inc.; BATS Y-Exchange, Inc.) (c) Cboe BZX Exchange, Inc. (formerly Bats BZX Exchange, Inc.; BATS Exchange, Inc.) (d) Cboe C2 Exchange, Inc. (e) Cboe EDGA Exchange, Inc. (formerly Bats EDGA Exchange, Inc.; EDGA Exchange, Inc.) (f) Cboe EDGX Exchange, Inc. (formerly Bats EDGX Exchange, Inc.; EDGX Exchange, Inc.) (g) Cboe Exchange, Inc. (h) Chicago Stock Exchange, Inc. (i) The Investors Exchange LLC (j) Miami International Securities Exchange (k) MIAX PEARL, LLC (l) Nasdaq BX, Inc. (formerly NASDAQ OMX BX, Inc.; Boston Stock Exchange) (m) Nasdaq GEMX, LLC (formerly ISE Gemini) (n) Nasdaq ISE, LLC (formerly International Securities Exchange, LLC) (o) Nasdaq MRX, LLC (formerly ISE Mercury) (p) Nasdaq PHLX LLC (formerly NASDAQ OMX PHLX, LLC; Philadelphia Stock Exchange) (q) The Nasdaq Stock Market (r) New York Stock Exchange LLC (s) NYSE Arca, Inc. (t) NYSE MKT LLC (formerly NYSE AMEX and the American Stock Exchange) (u) NYSE National, Inc. (formerly National Stock Exchange, Inc.) Alternative trading systems registered with the US Securities and Exchange Commission and considered equivalent to regulated markets as defined in Directive 2014/65/EU: (a) Aqua Securities L.P. (b) ATS-1 (c) ATS-4 (d) ATS-6 (e) Barclays ATS (f) Barclays DirectEx (g) BIDS Trading, L.P. (h) CIOI (i) CitiBLOC (j) CITICROSS (k) CODA Markets, Inc (l) Credit Suisse Securities (USA) LLC (m) Deutsche Bank Securities, Inc (n) eBX LLC (o) Instinct X (p) Instinet Continuous Block Crossing System (CBX) (q) Instinet, LLC ( Instinet Crossing, Instinet BLX ) (r) Instinet, LLC ( BlockCross ) (s) JPB-X (t) J.P. Morgan ATS ('JPM-X') (u) JSVC LLC (v) LiquidNet H 2 O ATS (w) Liquidnet Negotiation ATS (x) Luminex Trading & Analytics LLC (y) National Financial Services, LLC (z) POSIT (aa) SIGMA X2 (bb) Spot Quote LLC (cc) Spread Zero LLC (dd) UBS ATS (ee) Ustocktrade (ff) Virtu MatchIt (gg) XE

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Source: EUR-Lex (Publications Office of the EU), Β© European Union, reuse permitted under Commission Decision 2011/833/EU.

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