ESMA_QA_1553
Topic
Non-equity transparency
15/11/2017
Subject Matter
Transparency - fees
Question
a) Are trading venues and APAs required to make data available free of charge for any length of time 15 minutes after publication?
b) Does MiFID II/MiFIR prevent trading venues and APAs to apply usage restrictions, licensing and redistribution fees, including fees for deriving and/or manipulating data in automated applications for internal or external distribution, and non-monetary costs to market data – such as requirements on registrations, subscriptions and usage reporting – on data which they make available free of charge 15 minutes after publication?
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets
ESMA_QA_1553
Topic
Non-equity transparency
15/11/2017
Subject Matter
Transparency - fees
Question
a) Are trading venues and APAs required to make data available free of charge for any length of time 15 minutes after publication?
b) Does MiFID II/MiFIR prevent trading venues and APAs to apply usage restrictions, licensing and redistribution fees, including fees for deriving and/or manipulating data in automated applications for internal or external distribution, and non-monetary costs to market data – such as requirements on registrations, subscriptions and usage reporting – on data which they make available free of charge 15 minutes after publication?
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets
ESMA_QA_1549
Topic
Equity transparency
15/11/2017
Subject Matter
Transparency - Trading venues
Question
Tables 3 and 4 of Annex I of RTS 1 and tables 2 and 3 of Annex II of RTS 2 require the publication of some information using text fields and 4-character codes that are not suitable for binary digital feeds. How should trading venues and investment firms/ Approved Publication Arrangements (APAs) ensure that transactions are published as close to real-time as technically possible? Is it possible to transport and publish the real-time data via digital feeds or does the data have to be transported and published in the reporting format defined in Annex I of RTS 1 and Annex II of RTS 2?
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets
ESMA_QA_1710
Topic
* Transaction reporting
14/11/2017
Subject Matter
Transaction reporting
Question
Are both legs of a swap reportable, when one leg contains an index such as LIBOR or EURIBOR?
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- MDP
ESMA_QA_1709
Topic
* Transaction reporting
14/11/2017
Subject Matter
Transaction reporting
Question
(a) When are corporate events reportable?
(b) Are corporate events resulting from a default option reportable?
(c) Is an event still reportable where the investor has given a standing instruction?
(d) What is meant by the investor not making an investment decision at the point in time of the creation, expiration or redemption of the financial instrument in article 2(5)(i) of Commission Delegated Regulation (EU) 2017/590?
(e) Are lapsed rights reportable?
(f) How should corporate events be reported?
(g) How should field 59 (Execution within the firm) be populated for corporate events?
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- MDP