ESMA updates its MiFID II Q&As on market structures and transparency topics

28 March 2018

ESMA updated its Questions and Answers regarding transparency and market structures issues under the Market in Financial Instruments Directive and Regulation.

The Q&As provide clarification on the following topics:

the scope of the trading obligation for derivatives;

the default tick size regime;

fee structures;

SI and matched principal trading;

DEA provider’s controls and suitability checks.

The purpose of these Q&As is to promote common supervisory approaches and practices in the application of MiFID II and MiFIR. They provide responses to questions posed by the general public and market participants in relation to the practical application of level 1 and level 2 provisions relating to transparency and market structures issues.

Q&A on transparency

Q&A on market structures


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