ESMA launches Call for Evidence on pre-hedging
Friday 29 July 2022 12:31
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today publishes a Call for Evidence on pre-hedging. The aim is to promote discussion among stakeholders and gather further evidence on the practice of pre-hedging that could help ESMA to develop appropriate guidance.
The Call for Evidence illustrates the arguments in favour and against such practice, and it requests contributions from stakeholders in order to properly delineate its admissibility in the context of Market Abuse Regulation (MAR) and MiFID/MIFIR.
ESMA already addressed pre-hedging in the…