Opinion · ESMA
Opinion On ancillary activity – market size calculation – update for the year 2020
Published
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ESMA opinion (ESMA70-156-478) publishing its 2020 estimates of the size of the EU market in each commodity derivative asset class (on-venue and OTC), used by firms as the denominator of the overall market threshold test for the MiFID II ancillary-activity exemption under former RTS 20 (Delegated Regulation 2017/592), since replaced.
Details
| Reference | ESMA70-156-478 |
|---|---|
| Issuer | ESMA |
Provisions it relates to
- Article 2 MiFID II · ExemptionsESMA rulebook