Source: OJ L, 2025/417, 14.3.2025

Artikel 4 Veröffentlichung der Transaktionen in Echtzeit

Summary What does Article 4 of the RTS on trading platform transparency data say?

This article builds directly on Article 3, which establishes what transaction details must be disclosed, by adding a strict timing requirement for when that disclosure must occur.

It sets a clear deadline for crypto-asset service providers operating trading platforms to publish post-trade transaction data, anchoring the obligation to the moment of execution.

Important points:

Publish full transaction details as close to real-time as is technically possible after each trade is executed.
The absolute maximum time allowed between execution and public disclosure is thirty seconds — there are no exceptions to this deadline.
This obligation applies to crypto-asset service providers operating a trading platform, specifically for transactions executed on their own platforms.

Springlex's summary of the article, a reading aid, not a substitute for the legal text.

Bei Transaktionen, die auf ihren Handelsplattformen für Kryptowerte ausgeführt werden, veröffentlichen Anbieter von Kryptowerte-Dienstleistungen, die eine Handelsplattform für Kryptowerte betreiben, die Einzelheiten zu jeder Transaktion gemäß Anhang II Tabellen 1, 2 und 3 so echtzeitnah wie technisch möglich und in jedem Fall innerhalb von dreißig Sekunden nach Ausführung der Transaktion.

Table of contents

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.