ESMA finalises derivatives trading obligations
The European Securities and Markets Authority (Esma) has published the final draft of the regulatory technical standard (RTS) giving details of which OTC derivatives will need to move to a trading venue when the Regulation on Markets in Financial Instruments (MiFIR) is implemented in January.
The 58-page final draft of the RTS was submitted by Esma to the European Commission (EC) on September 28 and gives the latter three months to make a decision whether to endorse them.
As this was the final draft, it was already recognised that some OTC trading
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