EU Equity pre- and post-trade transparency regulation: from ISD to MiFID II
Einde inhoudsopgave
EU Equity pre- and post-trade transparency regulation (LBF vol. 21) 2021/18.III.2.1:18.III.2.1 Market microstructure
EU Equity pre- and post-trade transparency regulation (LBF vol. 21) 2021/18.III.2.1
18.III.2.1 Market microstructure
Documentgegevens:
mr. J.E.C. Gulyás, datum 01-02-2021
- Datum
01-02-2021
- Auteur
mr. J.E.C. Gulyás
- JCDI
JCDI:ADS266982:1
- Vakgebied(en)
Financieel recht / Bank- en effectenrecht
Financieel recht / Europees financieel recht
Financiële dienstverlening / Financieel toezicht
Toon alle voetnoten
Voetnoten
Voetnoten
See M. O’Hara, Market Microstructure Theory, Blackwell Publishing, 2008, p. 1.
Deze functie is alleen te gebruiken als je bent ingelogd.
Market microstructure refers to the process and outcomes of exchanging financial instruments under explicit trading rules.1 If permitted by EU regulation, trading can take place on an RM or MTF, but also outside such venues, such as SIs or so-called broker crossing networks.
18.III.2.1.1 Trading process on RM, MTFs, SIs and other platforms18.III.2.1.2 Pre-trade transparency: liquidity and the nature and size of the venue18.III.2.1.3 Post-trade transparency: liquidity and the nature and size of the venue