ESMA · ESMA_QA_1593 Answer Published
Data disaggregation
- Regulation
- Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets
- Topic
- Data reporting services providers
- Submitted
- 2016-11-18
- Answered
- 2016-11-18
Question
Will disaggregation be required at the level of the market operator or at the level of each trading venue?
Answer
[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.
This Q&A is published by European Securities and Markets Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.
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