CESR Technical Advice to the European Commission in the Context of the MiFID Review
31 May 2010
Equity Markets
Source: CESR
Deadline: 31 May 2010
The main topics addressed in this paper are the following:
• Pre-trade transparency regime for RM\MTFs
• Definition of and obligations for systematic internalisers
• Post-trade transparency regime
• Application of transparency obligations to equity-like instruments
• Regulatory framework for consolidation and cost of market data
• Regulatory boundaries and requirements
• Options and discretions
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