ESMA consults on guidance on market outages

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, consults on how National Competent Authorities (NCA) should ensure that trading venues have appropriate communication protocols in case of a market outage.

The consultation paper seeks feedback from market participants on its proposed guidance, and in particular on the proposals that:

• trading venues should have appropriate communication protocols in place ensuring communication to members, participants and the public during an outage

…