On 26 April 2019, the European Securities and Markets Authority (ESMA) considered that following the extension of Article 50(3) in relation to the United Kingdom’s withdrawal from the European Union, it was necessary to provide clarity to stakeholders that transparency calculations due in May and June as well as in the following months will now be published.

ESMA is clarifying that it intends to perform and publish the calculations for:

• Quarterly SI-determination (systematic internalisers) for equity instruments and bonds and for the quarterly liquidity determination for bonds on 30 April 2019; and,  
• Double volume cap on 8 May 2019.