15 November 2017

ESMA（欧州証券市場機構）、MiFID II（第2次金融商品市場指令）における市場構造規制に関するQ&Aを改訂

Q&A provide responses to questions posed by the general public and market participants in relation to the practical application of market structure issues. This update includes new answers regarding:

Tick size regime;

Direct Electronic Access (DEA); and

Multilateral systems;

The Q&A mechanism is a practical convergence tool used to promote common supervisory approaches and practices. ESMA will periodically review these Q&As on a regular basis to update them where required and to identify if, in a certain area, there is a need to convert some of the material into ESMA Guidelines and recommendations. 

Full Q&A

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