MiFID II: ESMA publishes transitional transparency calculations for bonds and updates calculations for two other asset classes

ESMA has updated its transitional transparency calculations (TTC) for non-equity instruments in relation to the implementation of MiFID II/ MiFIR, to include calculations on bonds. After the publication of the TTC in July, some trading venues have notified to ESMA problems in their submitted data. Those problems affected the calculations for credit derivatives and equity derivatives. Therefore, ESMA has also corrected and recalculated the TTC for both asset classes accordingly.

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