E.U. – ESMA MiFID Transparency Calculations

E.U. – ESMA MiFID Transparency Calculations

On 8 January 2021, ESMA published first post-Brexit transparency calculations.

  • ESMA issued first financial instruments transparency system (FITRS) file since Brexit.
  • Follows ESMA January 2021 issued FIRDS files after end of transition period.

FITRS

  • Equity transparency calculation results delta file (DLTECR) has updated transparency calculation results for equity instruments with a UK venue as most relevant market.
  • ESMA reminded users to process this file in line with their systems implementation.
  • ESMA will resume processing of FITRS files between January 9-11, 2021 and will resume processing DVCAP files received on 11 January 2021, as per Brexit data operational plan.