Esma: Publishes final report on market data pricing

Esma: Publishes final report on market data pricing

• ESMA is an independent EU Authority that was established in 2011. It works closely with the national competent authorities
• the EU’s securities markets regulator published its Final Report on Guidelines on the MiFIDII/MiFIR obligations on market data
• The Final Report sets out guidelines on the requirements to publish market data on a reasonable commercial basis
• The Guidelines, by providing clarity for market participants, will ensure better and uniform application of these MiFID II/MiFIR obligations
• The guidelines apply to national competent authorities, trading venues, approved publication arrangements
• The Guidelines will first be translated into all EU official languages