Source: OJ L, 2025/416, 14.3.2025Current language: EN
- Markets in crypto-assets
Crypto-asset service provider
- RTS on trading platform order book records
Article 12 Prices relating to orders
Summary What does Article 12 of the RTS on trading platform order book records say?
This is a brief, focused article that directs crypto-asset service providers operating a trading platform to capture and retain all price-related information associated with orders.
Rather than defining what those price details are within the article itself, it defers entirely to Section I of Table 2 of the Annex for the precise specification of what must be recorded.
It forms part of a broader set of record-keeping obligations established across Articles 2 to 15, each targeting a specific category of order data.
Important points:
- Maintain a record of all price-related details for each order processed on your trading platform.
- The obligation applies specifically to crypto-asset service providers operating a trading platform for crypto-assets.
- The exact data fields required are defined in Section I of Table 2 of the Annex, which must be consulted for compliance.
Springlex's summary of the article, a reading aid, not a substitute for the legal text.
Crypto-asset service providers operating a trading platform for crypto-assets shall maintain a record of all price-related details referring to the respective orders, as specified in Section I of Table 2 of the Annex.
Springlex and this text is meant purely as a documentation tool and has no legal effect. No liability is assumed for its content. The authentic version of this act is the one published in the Official Journal of the European Union.
Definition
placing of crypto-assets
Definition
distributed ledger
Definition
reception and transmission of orders for crypto-assets on behalf of clients
Definition
exchange of crypto-assets for funds
Definition
consensus mechanism
Definition
operation of a trading platform for crypto-assets
Definition
crypto-asset service
- providing custody and administration of crypto-assets on behalf of clients;
- operation of a trading platform for crypto-assets;
- exchange of crypto-assets for funds;
- exchange of crypto-assets for other crypto-assets;
- execution of orders for crypto-assets on behalf of clients;
- placing of crypto-assets;
- reception and transmission of orders for crypto-assets on behalf of clients;
- providing advice on crypto-assets;
- providing portfolio management on crypto-assets;
- providing transfer services for crypto-assets on behalf of clients;
Definition
offer to the public
Definition
providing advice on crypto-assets
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offeror
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execution of orders for crypto-assets on behalf of clients
Definition
crypto-asset service provider
Definition
crypto-asset
Definition
DLT network node
Definition
funds
Definition
client
Definition
issuer
Definition
exchange of crypto-assets for other crypto-assets
Definition
providing custody and administration of crypto-assets on behalf of clients
Definition
providing transfer services for crypto-assets on behalf of clients
Definition
distributed ledger technology