ESMA_QA_1628

18/11/2016

Subject Matter

Intervention to allow smaller tick size

Original question

Can a trading venue or NCA manually intervene to allow a smaller tick size if it can be shown that the mandated minimum tick size is adversely impacting liquidity?

ESMA Answer

18-11-2016

Original language

This question was deleted on 21 October 2026.

Status: Published Answer Updated

Additional Information

Level 1 Regulation

Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Secondary Markets

Topic

Tick size regime