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ESMA publishes data for systematic internaliser calculations for the first time

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The EU values required for performing threshold calculations for systematic internalisers (total number of concluded trades, Transaction volumes) are available for the first time since 01.08.2018 equity, equity-like instruments and bonds.

(For details, see: https://www.esma.europa.eu/press-news/esma-news/mifid-ii-esma-publishes-data-systematic-internaliser-calculations-equity-equity).

These EU values cover the period from 03.01.2018 until 30.06.2018.

On the basis of these figures the affected credit institutions are required to perform the first threshold calculations by 1 September 2018, and from then onwards are also subject for the first time to the applicable obligations, provided that they exceed the relevant thresholds (including a notification to the FMA that it is deemed to be a systematic internaliser (SI)).

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