E.U. – ESMA MiFID II FAQs Updated

E.U. – ESMA MiFID II FAQs Updated

On 2 April 2019, EU ESMA updated its FAQ on transparency and market structures.

  • Clarifications on turnover to be used for for AVT calculation, impact for systematic internalizer of instrument changing liquidity status between determination dates.
  • MMIs, reporting of prime brokerage transactions, quoting obligation of SI in non-financial instruments, branches of 3rd country firms operating as a SI in the EU.
  • Third country trading venues access to an EU CCP, plus updates to obsolete Q&As.