Q&A · ESMA
Average daily number of transactions (ADNT)
Answered
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The average daily number of transactions used for tick sizes is calculated and published by the competent authority of the most relevant market under Article 16 of RTS 22 (for new instruments, where admission was first requested or trading first took place), and is published centrally on ESMA's website.
Details
| Reference | ESMA_QA_1625 |
|---|---|
| Issuer | ESMA |
| Published | 18 Nov 2016 |
| Answered | 18 Nov 2016 |
| Submitted | 18 Nov 2016 |
| ESMA topics | Tick size regime |
| Earlier Q&A document | ESMA 70-872942901-38 MiFID II MiFIR market structures Q&A, Q&A 4.1 |
Provisions it relates to
- Article 49 MiFID II · Tick sizesInferred · 85%
- MiFID II (whole act)Explicit reference