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Article L533-10-7 of the French Monetary and Financial Code

Investment services providers other than portfolio management companies which use a high-frequency algorithmic trading technique shall keep an accurate and chronological record of all orders placed, including order cancellations, orders executed and quotes on trading venues.

Original in French 🇫🇷
Article L533-10-7

Les prestataires de services d’investissement autres que les sociétés de gestion de portefeuille qui ont recours à une technique de négociation algorithmique à haute fréquence tiennent un registre précis et chronologique de tous les ordres qu’ils passent, y compris les annulations d’ordres, les ordres exécutés et les cotations sur les plates-formes de négociation.

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