ESMA updates equity derivatives, equity and equity-like instruments' transitional transparency calculations for MiFID II/ MiFIR

On 6^th August 2018, the European Securities and Markets Authority (ESMA) published an updated version of the MiFID II/MiFIR transitional transparency calculations (TTC).

The update relates to the transitional transparency calculations for:

• equity derivatives (equity derivatives I) ;
• equity and equity-like instruments (TTC); and
• tick size band assessment.

Further information can be found in section E of the FAQ document. Trading venues are expected to apply the new results from 13 August 2018.