Esma: Publishes final report on market data pricing
- ESMA is an independent EU Authority that was established in 2011. It works closely with the national competent authorities
- the EU’s securities markets regulator published its Final Report on Guidelines on the MiFIDII/MiFIR obligations on market data
- The Final Report sets out guidelines on the requirements to publish market data on a reasonable commercial basis
- The Guidelines, by providing clarity for market participants, will ensure better and uniform application of these MiFID II/MiFIR obligations
- The guidelines apply to national competent authorities, trading venues, approved publication arrangements
- The Guidelines will first be translated into all EU official languages
