Consultation on the Publication and Consolidation of MiFID Market Transparency

MiFID introduces a harmonised regime for publication of market transparency information, at the same time it opens up the market for more competition in trading.
In order to ensure smooth functioning of the publication of pre and post trade information as well as the consolidation of this information CESR members are considering joint interpretations and Level 3 guidance on publication mechanisms (including the use of websites), availability of the transparency information, and related data standards.
The proposals (Ref: CESR/06-551) are based on views expressed during the call for evidence in spring 2006 and related discussions with market participants.
Comments are welcomed by 15 December 2006 and can be submitted on CESR's website (as is the usual practice, under 'consultations').