ESMA on MiFID II / MiFIR regulatory update
ESMA – MiFID II transitional transparency calculations – Equities and Bonds
A revised version of the MiFID II and MiFIR transitional transparency calculations (TTC) for equity and bond instruments has been published by ESMA, reflecting amendments to classification of the instruments and data resubmission by some trading venues. The equity instruments TTC will apply until 31 March 2018 and the TTC for bond instruments will apply until the 15th May 2018.
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Please Note: This publication is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to. Readers should take legal advice before applying the information contained in this publication to specific issues or transactions.
Source and credit: Compliancy Services