01.10.2018
The European Securities and Markets Authority (ESMA) has published a public register of those derivative contracts that are subject to the trading obligation under the Markets in Financial Instruments Regulation (MiFIR).
MiFIR applies since 3 January 2018, and the trading obligation is further specified in Commission Delegated Regulation (EU) 2017/2417.
The register provides clarity to market participants on the application of the trading obligation under MiFIR and in particular on:
- the classes of derivatives subject to the trading obligation;
- the trading venues on which those derivatives can be traded; and
- the dates on which the obligation takes effect per category of counterparties
- The public register will be updated in case of changes, such as when new trading venues offer trading in the derivatives subject to the trading obligation.
Should ESMA envisage to include more derivatives in the scope of MiFIR’s trading obligation going forward, it will consult market participants prior to doing so.
Source: ESMA
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
Shanny Basar
Senior writer
A Senior Writer at Markets Media who became a financial journalist in 2000 after working in banking for over a decade....
More about this authorRelated articles
-
Second quarter volume was up 25% year-over-year.
-
Margin has increased by 30% in just two months, OpenGamma research shows.
-
Status grants clearing members clarity on the regulatory treatment of their exposures to OCC.
-
This year's traded notional exceeded €100m compared to last year’s €20m.
-
Clients can access UMBS TBA futures alongside U.S. Treasury and short-term interest rate contracts.