ESMA_QA_2104

12/02/2024

Subject Matter

Market making in securitised derivatives

Original question

Are there technical circumstances related to securitised derivatives under which it can be considered that a market maker posting one-way quotes is considered to meet the obligations on market making agreements set out in Article 2 of RTS 8?

Status: Question Published

Additional Information

Level 1 Regulation

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

Level 2 Regulation

Regulation 2017/578 - RTS on market making agreements and market making schemes (RTS 8)

Additional Legal Reference

Article 2(1)(b)

Topic

Direct Electronic Access and algorithmic trading