ESMA says don't exclude ETDs from MiFID II trading venues and CCPs
The European Securities and Markets Authority (ESMA) has released a statement today that it sees no need to temporarily exclude exchange-traded derivatives (ETDs) from non-discriminatory access to central counter-parties (CCPs) and trading venues, which will be introduced by the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). MiFIR requires ESMA to assess whether …
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