(1) In these Regulations -

"Act of 1942" means the Central Bank Act 1942 (No.22 of 1942);

"agricultural commodity derivatives" means derivative contracts relating to products listed in Article 1 of, and Annex I, Parts I to XX and XXIV/1, to, Regulation (EU) No 1308/2013 of the European Parliament and of the Council, as well as to products listed in Annex I to Regulation (EU) No 1379/2013 of the European Parliament and of the Council;

"algorithmic trading" means trading in financial instruments where a computer algorithm automatically determines individual parameters of orders such as whether to initiate the order, the timing, price or quantity of the order or how to manage the order after its submission, with limited or no human intervention, and does not include any system that is only used for the purpose of routing orders to one or more trading venues or for the processing of orders involving no determination of any trading parameters or for the confirmation of orders or the post-trade processing of executed transactions;

"ancillary services" means any of the services listed in Part 2 of Schedule 1;