ESMA issues transparency calculations for non – equity instruments in readiness for MiFID2

MiFID 2 / MiFIR introduces transparency requirements for equity and non-equity instruments  and allows competent authorities to waive the obligation for market operators and investment firms operating a trading venue, to make public their pre trade information.

Under RTS 2, competent authorities are to publish information on the liquidity classification of the different asset classes.

The list of asset classes as set out in RTS 2 is published on ESMA’s website and can be found here.