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) 2021/2.III.0:2.III.0 Introductie
EU Equity pre- and post-trade transparency regulation (LBF vol. 21) 2021/2.III.0
2.III.0 Introductie
Documentgegevens:
mr. J.E.C. Gulyás, datum 01-02-2021
- Datum
01-02-2021
- Auteur
mr. J.E.C. Gulyás
- JCDI
JCDI:ADS266645:1
- Vakgebied(en)
Financieel recht / Bank- en effectenrecht
Financieel recht / Europees financieel recht
Financiële dienstverlening / Financieel toezicht
Toon alle voetnoten
Voetnoten
Voetnoten
Oxera, Pricing of market data services: An economic analysis, February 2014, p. 43.
See Harchmeister and Schiereck, ‘Dancing in the dark: post-trade anonymity, liquidity and informed trading’, Review of Quantitative Finance and Accounting 34, 2010, p. 145-177.
Oxera, Pricing of market data services: An economic analysis, February 2014, p. 43.
Deze functie is alleen te gebruiken als je bent ingelogd.
Pre-trade data can appear in many forms, including in terms of (1) coverage, (2) speed, and (3) depth.1 Besides these three variables, the identity of the parties to a potential trade (and/or of the investment firm executing the client order) can also be an aspect of pre-trade data.2
Figure A1.1 Data product choices
Overview of types of pre-trade data (excluding identity)3