ESMA News

ESMA updates transparency calculations for MiFID II/MiFIR

The TTC for these additional instruments are displayed alongside the already published TTC that were published on 22 December 2017, which remain unchanged. ESMA has added today the applicable TTC for:  ·         equity instruments, traded for the first time on a trading venue between 13 September 2017 and 2 January 2018 (included); and  ·         bond instruments […]

ESMA News

ESMA raises concerns on fees charged by CRAs and Trade Repositories

Based on this evidence, the Thematic Report provides ESMA’s views on the application of the requirements that fees charged by CRAs should be non-discriminatory and cost-based, and TRs provide non-discriminatory access and charge publicly disclosed and cost-related fees. It equally identifies the areas for improvement regarding transparency and disclosure, the fee-setting process and the interaction […]

ESMA News

ESMA delays publication of double volume cap data

Since 3 January, ESMA has been performing an analysis of the quality and completeness of the data received from trading venues to perform DVC calculations. Based on the analysis performed, ESMA realised that the publication would have resulted in a biased picture covering only a very limited number of instruments and markets. ESMA is aware […]

ESMA News

ESMA issues list of trading venues temporarily exempted from open access under MiFIR

While MiFIR allows firms to freely choose where to trade and clear their products, which both CCPs and trading venues need to facilitate, trading venues and CCPs may notify ESMA and their national competent authority of their intention to temporarily opt-out from the access provisions for exchange-traded derivatives (ETDs) provided that certain conditions are met. […]