Q&A · ESMA

Fees charged to CCPs in relation to access to trading venues

Awaiting answer

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AI-generated Summary

Asks how far a trading venue may apply different fee schedules to CCPs under Article 36 MiFIR, including according to whether a CCP has close links to the venue. The question has been published but not yet answered.

Details

Reference	ESMA_QA_1977
Issuer	ESMA
Published	13 Oct 2023
Submitted	13 Oct 2023
ESMA topics	Access to CCPs and trading venues
Former reference	ESMA_QA_985

Provisions it relates to

Article 36 MiFIR · Non-discriminatory access to a trading venue
MiFIR
Explicit reference · 90%
MiFIR (whole act)
Explicit reference

Documents it refers to

RTSIn forceExplicit reference
Commission Delegated Regulation (EU) 2017/581 of 24 June 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards on clearing access in respect of trading venues and central counterparties
European Commission · 31 Mar 2017 · EUR-Lex
AI summaryRTS 15 on open access between CCPs and trading venues under Articles 35 and 36 MiFIR: limits the grounds on which access may be denied (volume, operational risk and complexity, other significant undue risks), sets when access must be granted, and requires non-discriminatory fees, collateral, netting and cross-margining treatment.