ESMA has now published the total number of trades and total volume over the period October 2018-March 2019 for the purpose of the systematic internaliser (SI) calculations for 24,909 equity and equity-like instruments and for 315,615 bonds.
The results are published only for instruments for which trading venues submitted data for at least 95% of all trading days over the 6-month observation period. The data publications also incorporate OTC trading to the extent it has been reported to ESMA. The publication includes data also for instruments which are no longer available for trading on EU trading venues from end of March.
The date by when the assessment has to be performed and the investment firm has to comply with the SI obligations will be 24 May 2019.
The publication of the data for the SI calculations for derivatives and other instruments has been delayed until 2020 at the latest, as set out in the updated plan announced by ESMA on 30 January 2019. The SI-assessment for those asset classes does not need to be performed until 2020 at the latest.
Full press release
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