10 July 2020
- 10 July 2020
MiFID - Secondary Markets
The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, published today an updated Opinion on ancillary activity calculations.
- The opinion provides the estimation of the market size of commodity derivatives and emission allowances for 2019.
- ESMA has prepared these estimations based on data reported to the ESMA FITRS system as well as data reported to trade repositories under EMIR.
- In issuing this opinion, ESMA considers that the guidance on market size will contribute positively to the consistency of supervisory practices and will ensure a uniform approach throughout the Union.