ESMA Updates Information on MiFID II & MiFIR Transparency

The European Securities and Markets Authority (ESMA) in April updated its Questions and Answers regarding market structures and transparency issues under the Market in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). The new Q&As provide clarification on topics including the determination of the turnover to be used for the average value of transactions (AVT)...

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