ESMA updates its MiFID II / MiFIR Q&As on transparency and market structures topics
MiFID Firms
Date:
15 June 2018
On 29th May 2018, the European Securities and Markets Authority (ESMA) updated its Questions and Answers regarding transparency and market structures issues under the Market in Financial Instruments Directive (MiFID II) and Regulation (MiFIR).
The Q&A provides clarification on the following topics:
• the requirements to publish information on post-trade data 15 minutes after publication free of charge;
• the publication of transactions and how to populate the field ‘publication date and time’;
• pre-trade transparency requirements for voice trading systems;
• pre-trade transparency requirements for RFQ systems;
• OTFs arranging trading in strategies which include an equity leg