ESMA Updates Reporting Demands, Adds Sub-Categories to CFDs

[kreslik.news]

The EuropeanSecurities and Markets Authority (ESMA) has published an update on the transitional transparency calculations (TTC) for MiFID and MiFIR regulations today. The updates for the calculations are in regards to equity derivatives, equity and equity-like instruments.

Through MiFID II and MiFIR, trading venues must report pre-trade and post-trade information on equity and non-equity instruments if they have a liquid market. If a market is liquid it means there are many bids and offers, low spreads, and low volatility. As a result, it is easy to execute a trade quickly on a liquid market. The price ... (read more)