EU Equity pre- and post-trade transparency regulation (LBF vol. 21) 2021/5.IV.1.4:5.IV.1.4 Background

EU Equity pre- and post-trade transparency regulation (LBF vol. 21) 2021/5.IV.1.4

5.IV.1.4 Background

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.

The client limit order display rule stems from MiFID I. Somewhat surprising, given the amount of controversy in drafting the rule for MiFID I, there was no fierce debate on the existence of the client limit order display rule while creating MiFID II. In effect, the rule is retained under MiFID II. The rule has in principle remained unchanged from MiFID I to MiFID II. ‘In principle’, since two main changes are apparent.

5.IV.1.4.1 Level 1 text: expansion in scope5.IV.1.4.2 Level 1 and Level 2 text: change in publication channels5.IV.1.4.3 Alignment with the RM/MTF large in scale-waiver5.IV.1.4.4 Level 1 and Level 2 text: Member State option and client consent

Deze functie is alleen te gebruiken als je bent ingelogd.