Which is the Relevant Competent Authority (RCA) for the financial instruments mentioned in point v) of Article 2(1)(j) of the SSR (and in particular, for shares) following the application start date of MiFID II/MiFIR?

How should trading venues, APAs make data (pre- and/or post-trade data) available free of charge 15 minutes after publication and ensure non-discriminatory access to the information? What practices are not compatible with the requirement to make data available free of charge and ensure non-discriminatory access to the information?

How should trading venues, APAs make data (pre- and/or post-trade data) available free of charge 15 minutes after publication and ensure non-discriminatory access to the information? What practices are not compatible with the requirement to make data available free of charge and ensure non-discriminatory access to the information?

a) When should the operator of an RFQ system provide pre-trade transparency?
b) Which quotes should be made public in a RFQ system?
c) Can an RFQ system be construed as a two-step process where (i) an RFQ is initiated and quotes are received in response to that RFQ, and (ii) the transactions are ultimately executed following a bilateral confirmation with one of the respondents?

a) When should the operator of an RFQ system provide pre-trade transparency?
b) Which quotes should be made public in a RFQ system?
c) Can an RFQ system be construed as a two-step process where (i) an RFQ is initiated and quotes are received in response to that RFQ, and (ii) the transactions are ultimately executed following a bilateral confirmation with one of the respondents?