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ARTICLE · 08 JULY 2016

EU Technical Standards On Data To Be Published By Execution Venues On Execution Standards Adopted By The European Commission

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The adopted Regulation sets out specific information to be provided by execution venues in relation to price, costs and likelihood of execution.

European UnionFinance and Banking
A&O Shearman
A&O Shearman
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On June 8, 2016, a Commission Delegated Regulation supplementing MiFID with regard to RTS concerning the data to be published by execution venues on the quality of execution of transactions was adopted by the European Commission. MiFID II requires that, for financial instruments subject to the trading obligation, each trading venue and systematic internaliser (and for other financial instruments, each execution venue) make data available to the public relating to the quality of execution of transactions on that venue on at least an annual basis. The adopted Regulation specifies the content, format and periodicity of data relating to quality of execution to be published by execution venues.

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