EU Equity pre- and post-trade transparency regulation (LBF vol. 21) 2021/8.III.1.1:8.III.1.1 Goal

EU Equity pre- and post-trade transparency regulation (LBF vol. 21) 2021/8.III.1.1

8.III.1.1 Goal

Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.

MiFID I subjected investment firms operating outside an RM or MTF to post-trade transparency obligations in relation to shares admitted to trading on an RM.1 The aim of the post-trade transparency obligations was to achieve a high degree of transparency. MiFID I considered a high degree of post-trade transparency as essential to ensure investors were adequately informed as to the actual level of transactions in shares admitted to trading on an RM, irrespective whether those transactions took place on an RM, MTF, or outside those trading venues.2 The rationale behind the post-trade transparency obligations was to ensure that the price discovery process in respect of such shares would not be impaired by the fragmentation of liquidity, and investors were thereby not penalised.3

Deze functie is alleen te gebruiken als je bent ingelogd.