Events listed in Markets in Financial Instruments Regulation (MiFIR)
Operational disturbances in TRS 2 on March 18–19
ID 22163
The Swedish Financial Supervisory Authority, Finansinspektionen (FI), has published a press release in connection with trade reporting to its TRS 2 System, FI’s transaction reporting system to which investment firms and trading venues that deal (trade) in securities and / or that undertake management services on behalf of clients must report certain transactions. Specifically, the regulator informs that it expects disturbances in both the ...
TRS 2 system closed on Wednesday, 15 March
ID 22100
The Swedish Financial Supervisory Authority, Finansinspektionen (FI), has published a press release in connection with trade reporting to its TRS 2 System, FI’s transaction reporting system to which investment firms and trading venues that „deal“ in securities and / or that undertake management services on behalf of clients must report certain transactions. Specifically, the regulator informs that the system will be closed on Wednesday, ...
ESMA publishes the results of the annual transparency calculations for equity and ...
ID 22094
The European Securities and Markets Authority (ESMA) has published a press release to announce the availability of the new annual transparency calculations for equity and equity-like instruments. The calculations are based on the data provided to the Financial Instruments Transparency System (FITRS) by trading venues and arranged publication arrangements (APAs) in relation to the calendar year 2022. The calculations include the following (as cited): ...
AFME urges co-legislators to ensure EU market attractiveness as MiFIR trilogues set ...
ID 22083
The Association for Financial Markets in Europe (AFME) has responded to the European Parliament’s Committee on Economic and Monetary Affairs (ECON) vote on the MiFIR Review, which governs how financial markets operate in the EU. AFME welcomes the ECON’s approach to consolidated tapes, urging the co-legislators to retain the proposed design features, including pre- and post-trade information for equity consolidated tapes and __post-trade information ...
ESMA publishes data for the systematic internaliser calculations
ID 21690
The European Securities and Markets Authority, ESMA, has published a press statement to announce the availability of the quarterly calculations for systematic internalisers (SIs) of equity and equity-like instruments, bonds and for other non-equity instruments and the consolidated tape provider (CTP) under MiFID II and MiFIR. The quarterly calculations include data from 1 July 2022 to 31 December 2022 and cover both the total ...
ESMA publishes data for the quarterly liquidity assessment of bonds
ID 21621
The European Securities and Markets Authority, ESMA, has published a press statement to announce the availability of the quarterly liquidity assessment for bonds. The quarterly liquidity assessment for bonds is based on „the daily average trading activity (trades and notional amount) and the percentage of days traded per quarter“ reported by trading venues. The full list of bonds may be accessed via this link. ...
Correction of TRS 2 validation
ID 21527
The Swedish Financial Supervisory Authority, Finansinspektionen (FI), has published a press release in connection with trade reporting to its TRS 2 System. TRS 2 is a transaction reporting system to which investment firms and trading venues that „deal“ in securities and / or that undertake management services on behalf of clients must report certain transactions. Specifically, the regulator requests all firms that have previously ...
ESMA consults on post-trade transparency
ID 21511
The European Securities and Markets Authority (ESMA) started a consultation focusing on the new Level 3 guidance included in its future manual on post-trade transparency. This included matters pertaining to post-trade transparency to enhance the accuracy and usability of the released information, as well as the reporting to ESMA’s Financial Instruments Reference Data System (FITRS) for the accomplishment of the transparency calculations. The manual ...
[ESMA70-155-3832] List of trading venues benefiting from a transitional exemption ...
ID 21369
The European Securities and Markets Authority, ESMA, has published an updated version of the list of trading venues for which a temporary exemption from the open access provisions under 36(5) of the Markets in Financial Instruments Regulation (MiFIR) exists. While MiFIR allows firms to freely choose where to trade and clear their products, which both central counterparties (CCPs) and trading venues need to ensure, ...