ESMA · ESMA_QA_973 Question Rejected
Classification of NON EU instruments in RTS28 report
- Regulation
- Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Investor Protection and Intermediaries
- Topic
- Best Execution
- Submitted
- 2023-05-29
Question
For RTS28 report, we classify the instruments using: • the cficode of Firds to classify the instruments in Equities – Shares & Depositary Receipts, Debt instruments, Interest rates derivatives … • the volumes of Fitrs to classify the Equities – Shares & Depositary Receipts in subassets ( (i) Tick size liquidity bands 5 and 6 (from 2000 trades per day), (ii) Tick size liquidity bands 3 and 4 (from 80 to 1999 trades per day) (iii), Tick size liquidity band 1 and 2 (from 0 to 79 trades per day)) How should we classify non – EU instruments that are not present in Firds and Fitrs?
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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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