ESMA_QA_1593

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1593

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Regulatory Context

Regulation : MIFIR

Level 1 Regulation: Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets

Level 2 Regulation: Regulation 2017/572 - RTS on data disaggregation (RTS 14)

Level 3 Regulation: ESMA70-872942901-38 - Q&A on MiFID II and MiFIR market structures topics

Topic: Data reporting services providers

Subject Matter: Data disaggregation

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Question

Submission Date: 18 November 2016

Will disaggregation be required at the level of the market operator or at the level of each trading venue?

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ESMA Answer

Answer Date: 18-11-2016

[ESMA 70-872942901-38 MiFID II MiFIR market structures Q&A, Q&A 2.1] Disaggregation is required at the level of each trading venue for which the market operator or investment firm operating a trading venue has received a specific authorisation under MiFID II.

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This document was automatically extracted from the ESMA EMIR Q&A database.