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EU · MiFIR · TITLE II TRANSPARENCY FOR TRADING VENUES · CHAPTER 2 Transparency for non-equity instruments

Article 10 MiFIRPost-trade transparency requirements for trading venues in respect of bonds, structured finance products, emission allowances and derivatives

In force
Read the official text on EUR-Lex(opens in a new tab)
AI-generated What this provision does

Requires trading venues to publish the price, volume and time of transactions in bonds, structured finance products, emission allowances, exchange-traded derivatives and in-scope OTC derivatives as close to real time as possible, to give investment firms access to their publication arrangements on reasonable terms, and to publish package transaction components individually with a package flag.

Amendments and application dates

Amending actChangeApplies from
Regulation (EU) 2024/791Text amended; Provision replaced28 Mar 2024

Level 3: ESMA Q&As, guidelines and opinions

  • Q&AAnsweredInferred · 75%
    ESMA · 15 Nov 2017 · the ESMA website

    AI summaryRTS 1 and RTS 2 prescribe no technical format for publishing post-trade data, so trading venues and APAs may transmit it via encoded or binary feeds to stay as close to real time as possible, provided the prescribed details and flags are used once the data is converted into human-readable form.

  • OpinionPublishedESMA rulebook

    AI summaryESMA opinion (ESMA70-156-117) on when an OTC derivative counts as 'traded on a trading venue' (TOTV) for MiFIR transparency, transaction reporting and reference data: only where it shares the same reference data details as a derivative traded on a venue, as identified by its ISIN; ESMA will monitor how the concept is applied.

  • Q&ALegacy Q&A documentESMA rulebook

    AI summaryESMA's consolidated legacy Q&A document on MiFID II and MiFIR transparency (final version 27 October 2023, printed with the reference ESMA70-1562901-35), covering equity and non-equity transparency, pre-trade waivers, the double volume cap, the systematic internaliser regime, data reporting services providers and third-country issues. It is no longer updated; later Q&As are in ESMA's Q&A tool.

Commentary

No law-firm commentary is linked to this provision yet.

219 more documents relate to MiFIR as a whole without naming an article.

UK counterpart

  • Article 10 UK MiFIR · Post-trade transparency requirements for fixed income instruments and derivatives etc
    UK MiFIR

    Revocation enacted by Financial Services and Markets Act 2023; no commencement date yet.

    DivergedExplicit reference

    EU changes after exit: Regulation (EU) 2024/791 (from 28 Mar 2024). UK changes after onshoring: Financial Services and Markets Act 2023 (by 1 Dec 2024). UK revocation enacted (Financial Services and Markets Act 2023), not yet commenced.

  • REC Recognised Investment Exchanges · in force from 1 Jan 2021
    Explicit reference

    The Handbook source note on this provision cites the article.

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Version history

  1. From 28 Mar 2024
  2. From 2 Jul 2014 to 28 Mar 2024

Each entry is a consolidated version of the act on EUR-Lex in which this provision appears. The text itself is on the official site.